1607 Sylvan Way
About This Property
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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 |
|---|---|---|---|
| May 29, 2025 | Sold | ||
| Sold | |||
| Apr 7, 2025 | Listed by Re/Max Home and Investment | $49,000 | |
| Listed by Re/Max Home and Investment | |||
| Nov 14, 2023 | No longer available | - | |
| No longer available | |||
| May 12, 2023 | Listed by Ballou Company | $69,900 | |
| Listed by Ballou Company | |||
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Welcome to your own slice of Paradise! You will love everything this large parcel offers and the central location. With almost an acre of land, this property offers a relatively flat site for building a large 3-bedroom home with plenty of space a yard or garden. The home site sits above the private dead-end street with potential for a circular driveway and has a charming rock retaining wall. Plenty of mature trees remain with views of tall redwoods. You'll love the blazing fast internet with the new fiber-optic cable just installed in the street. Don't wait to make this into your dream home today!
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| Apr 20, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017