4552 Sycamore Drive
About This Property
Step into the heart of the freshly painted home - a gorgeous updated kitchen complete with sleek countertops, a stylish tile backsplash, and newer cabinets. It's a chef's delight! The open-concept layout connects the kitchen seamlessly to a cozy family room featuring a vaulted ceiling and inviting fireplace, creating the ideal space for gatherings. Enjoy the added convenience of first-floor laundry with washer and dryer included, plus multiple living areas including a formal living room, dining room, and a private study/den perfect for working from home.
Upstairs, retreat to the spacious primary suite boasting a large walk-in closet and a private ensuite bath with a relaxing soaker tub and separate shower. The finished basement provides even more room for entertaining, hobbies, or extra storage.
Outside, you'll find a freshly stained deck (2024) ready for summer barbecues, and a roof that was replaced in 2013, offering peace of mind for years to come.
Located in a prime area with low township taxes and within the highly-rated Ann Arbor school district, this home truly checks all the boxes.
Don't miss the chance to make this warm and welcoming home yours!
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Cap Rate Calculator
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 7, 2025 | Sold | ||
| Sold | |||
| Apr 17, 2025 | In contract | - | |
| In contract | |||
| Apr 10, 2025 | Listed by IKL Real Estate LLC | $445,000 | |
| Listed by IKL Real Estate LLC | |||
| Nov 27, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 30, 2024 | Price Decreased |
$435,900
↓ $14K
(3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017