16505 SYLVAN DRIVE
About This Property
With 4 generously sized bedrooms all located on the upper level, 2 full bathrooms upstairs, and a convenient half bath on the main level, this home offers a well-planned layout that easily accommodates everyday living and entertaining.
The main level features a bright and modern kitchen outfitted with crisp white shaker cabinets, gleaming quartz countertops, and stainless steel appliances. Just off the kitchen, you'll find a stunning sunroom lined with windows that flood the space with natural light, a relaxing spot to take in the views of the surrounding trees.
Need extra space? The finished basement is a blank canvas-ideal for a home gym, office, or even a cozy guest retreat.
Outside, enjoy the fresh air on the screened-in porch, host gatherings on the spacious deck, or relax on your private patio. Plus, with a two-car garage, a private water well, and plenty of yard space, this home has room for all your dreams-whether that's gardening, playtime, or simply enjoying nature.
This is a rare opportunity to own a move-in-ready retreat surrounded by nature.
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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 |
|---|---|---|---|
| Apr 21, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 28, 2025 | Listed | $750,000 | |
| Listed | |||
| | |||
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Welcome to your peaceful retreat in the heart of Bowie! This beautifully updated two-story colonial is nestled on a spacious, wooded lot.
With 4 generously sized bedrooms all located on the upper level, 2 full bathrooms upstairs, and a convenient half bath on the main level, this home offers a well-planned layout that easily accommodates everyday living and entertaining.
The main level features a bright and modern kitchen outfitted with crisp white shaker cabinets, gleaming quartz countertops, and stainless steel appliances. Just off the kitchen, you'll find a stunning sunroom lined with windows that flood the space with natural light, a relaxing spot to take in the views of the surrounding trees.
Need extra space? The finished basement is a blank canvas—ideal for a home gym, office, or even a cozy guest retreat.
Outside, enjoy the fresh air on the screened-in porch, host gatherings on the spacious deck, or relax on your private patio. Plus, with a two-car garage, a private water well, and plenty of yard space, this home has room for all your dreams—whether that’s gardening, playtime, or simply enjoying nature.
This is a rare opportunity to own a move-in-ready retreat surrounded by nature.
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| May 29, 2018 | Sold | ||
| Sold | |||
| Nov 17, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017