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Map
3577 N Sylvan Lane
About This Property
Water depth is approximately 4 feet at end of dock. House and pool in need of TLC but structurally very sound. This quiet neighborhood has many scattered oak trees. There are many possibilities for this property that must be seen to be appreciated.
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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%.
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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.
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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 10, 2024 | Sold | ||
| Sold | |||
| Sep 2, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Price Decreased |
$1,299,000
↓ $51K
(3.8%) | |
| Price Decreased | |||
| Aug 9, 2024 | Price Decreased |
$1,350,000
↓ $45K
(3.2%) | |
| Price Decreased | |||
| Jul 25, 2024 | Listed by Waterman Real Estate, Inc. | $1,395,000 | |
| Listed by Waterman Real Estate, Inc. | |||
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Effective age of this entire home is 2024! Everything is brand new except the concrete block walls & trusses. 1/2 acre direct Indian riverfront screened pool home, at the end of a quiet oak tree lined dead end street w/no traffic. Lots of character in this peaceful neighborhood. Perfect setting & location. No HOA, no flood zone & deep water. ALL are brand new: roof, soffit, fascia, AC, ductwork, insulation, hurricane windows & doors, all complete plumbing & electrical, tankless water heater, septic tank/drainfield(plus city sewer is coming soon), engineered hardwood floors, island kitchen w/quality appliances, pot filler, quartz counters, full pantry & wine bar w/fridge, upgraded bathrooms w/nice tile work & quartz counters(master has large walk-in closet & seat in shower), resurfaced screened pool, brick paver on driveway, walkways, patio & pool, fans, lights, switches, doors, trim, baseboards, too much to list. Privacy fenced yard, indoor laundry room, city water. On & on...
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017