221 Sylvia Road
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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 22, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$299,900
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Jun 11, 2025 | Listed by Real Broker LLC | $315,000 | |
| Listed by Real Broker LLC | |||
| | |||
|
This home truly has it ALL! Featuring 3 bedrooms, 2 bathrooms, and an additional flex space currently used as a bedroom — perfect for a home office, playroom, or bonus living area. Major upgrades include a 26-gauge 5V metal roof (2019) with Peel & Stick and 2 solar attic fans, a solar electric system (2020) by Titan Solar keeping average electric bills around $40/month, and a 16 SEER AC (2020) with added AC purifier. The home is equipped with a 10-circuit sub panel for a back-up generator hook-up and an RV plug, perfect for your toys or extra power needs. Additional highlights: hurricane-rated garage door and a Rheem water heater (2016). Energy efficiency, clean air, and peace of mind — it's all here!
| |||
| May 28, 2021 | Sold | ||
| Sold | |||
Property Highlights
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About Cannova Park
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$2,200 /mo
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- 1,497 ft²
$1,925 /mo
- 3 Beds
- 1 Bath
- 840 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017