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1417 Sylvan Drive
About This Property
The 5 bedroom, 3 bath main home features beautiful hardwood floors, fully remodeled bathrooms, a flexible split bedroom layout, and an expansive open concept living area filled with natural light. The showstopping kitchen offers extensive cabinetry, granite countertops, stainless steel appliances, and a massive island designed for gathering and entertaining.
Overlooking the pool, the approximately 537 square foot detached poolside studio features a spacious open layout, kitchenette, full bathroom with shower and private entrance. Previously used as a yoga studio, this beautifully finished space offers exceptional flexibility for multigenerational needs, a private office, wellness or creative studio, poolside entertaining, or additional flex space.
A heated gunite pool and separate spa, new deck, expansive lawn, mature trees, multiple entertaining areas, storage building, and 2 car garage complete the property. Major improvements include HVAC replacement in 2023, new plumbing throughout the main residence, a new water heater, newly poured concrete driveway, and upgraded pool and spa equipment. Conveniently located near I-30, shopping and dining, with easy access to Arlington's Entertainment District, AT&T Stadium, Globe Life Field, Texas Live!, and everything North Arlington has to offer.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 21, 2026 | Listed by eXp Realty, LLC | $805,000 | |
| Listed by eXp Realty, LLC | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Jul 17, 2023 | Sold | ||
| Sold | |||
| Jun 25, 2023 | In contract | - | |
| In contract | |||
| Jun 19, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017