5307 SYLVAN CIRCLE
About This Property
From the moment you arrive, the home makes a fresh first impression with new siding, new windows, new gutters, and a clean, modern exterior. Inside, you'll find a home that has been thoughtfully updated from top to bottom, creating the feel of a nearly new home while still offering warmth, character, and plenty of room to spread out.
The main living spaces are bright, open, and inviting, with beautiful wood-look LVP flooring flowing throughout the entire home. The spacious living area features a white brick fireplace with an electric insert, adding a cozy focal point to the room. The updated kitchen offers crisp white cabinetry with soft-close drawers, a large pantry, 2024 appliances, and direct access to the patio, making indoor-outdoor living and entertaining easy.
With four spacious bedrooms, two and a half bathrooms, plus an office, this layout offers flexibility for everyday living, working from home, hosting guests, or creating additional hobby space. Two of the bedrooms feature ensuite bathroom access, and the primary bedroom includes two closets. Every bedroom has a ceiling fan, and the home offers huge closets, abundant storage, and a thoughtful layout throughout.
The lower level has also been beautifully updated, with all-new interior finishes downstairs, a large laundry room, additional storage, and plenty of functional space. Major updates have already been taken care of, including new interior plumbing, a new hot water heater, HVAC from 2023, replaced ductwork in 2024, new attic insulation, and an existing radon remediation system.
The extra-large two-car garage offers even more value, with access from inside the home as well as to the backyard, plus a dedicated work area and lots of storage space. Outside, enjoy the privacy of the wooded lot, the rear patio, the shed, and the charming bridge leading to the shed area. Whether you love gardening, nature, projects, or simply having space to breathe, this backyard is a gardener's and nature lover's paradise.
Conveniently located near downtown Mount Airy, local shops and restaurants, parks, commuter routes, and everyday conveniences, this home offers the privacy and peaceful setting you want while still keeping you close to everything you need.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017