3105 Sylvan Drive
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 |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 10, 2024 | In contract | - | |
| In contract | |||
| Jul 22, 2024 | Listed by Coldwell Banker R.E. Group | $145,000 | |
| Listed by Coldwell Banker R.E. Group | |||
| Mar 4, 2022 | Sold | ||
| Sold | |||
| Feb 2, 2022 | Listed by eXp Realty,LLC | $125,000 | |
| Listed by eXp Realty,LLC | |||
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Located in SW Champaign in a tucked-away neighborhood, this one-owner ranch home was built in 1967. It is located on the south end of Weller's Ridgewood, on a tree-lined street just blocks away from a large park! The front of the home is congruent with the architecture of when it was built, however, once you enter the home, you will notice that it has many upgrades and updates, including 2 living spaces! Owner finished off the garage and built a huge storage closet where the front of the garage was, along with fantastic wood beaming, built-in wood shelving with bench seating with hidden storage on the opposite end of room. The room is plumbed for gas, ready for you to add you own gas fireplace. This extra living space has the potential with some minor renovation to open up wall so it connects seamlessly with the kitchen area. As you enter the home, a large living room greets you with brand new vinyl plank flooring which adds a contemporary flair. The updated kitchen features neutral tiling and beautiful solid oak cabinetry, a gas stove, and a brand-new Whirlpool dishwasher. The bright southern exposure fills the kitchen with plenty of natural light! New carpeting was just installed in all 3 bedrooms. The interior of home has been completely repainted throughout with a beautiful soft taupe that provides a smooth, clean finish to complement any decor style the new owner decides. The bathroom has been remodeled and will serve the new owner well. Owner is offering a Home Warranty to the buyer! The house comes fully loaded with all necessary appliances! Blown-in insulation, and attic stair access. Fenced-in backyard with concrete patio for outside entertaining space. Don't wait to look at this beauty, it's not going to last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017