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8575 Sylvan Drive
About This Property
Sewers replaced septic 2021; new roof and gutters 2022; high impact windows 2021 , Updated plumbing in and under the house; New A/C Duct Work 2021; New attic insulation 2021; New A/C 2017; New water heater 2021, new electrical 2023. And with all of these expensive items taken care of, the home is priced to sell, making it an enticing opportunity for potential buyers w/no HOA restrictions.
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Price Decreased |
$399,000
↓ $26K
(6.1%) | |
| Price Decreased | |||
| Feb 23, 2024 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Sylvan Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,850 /mo
- 2 Beds
- 1 Bath
- 936 ft²
$2,000 /mo
- 3 Beds
- 2 Baths
- 1,206 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017