1035 Cypress Way
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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 |
|---|---|---|---|
| Oct 30, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 10, 2024 | Listed by Compass | $1,799,000 | |
| Listed by Compass | |||
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Spanish style and elegance. Stunning architecture nestled in the serene and sought-after neighborhood of Marston Hills. This gem is one of the last streets in Hillcrest with exclusively single-family homes, offering a perfect blend of tranquility and convenience. Just a few blocks away, you'll find grocery stores, restaurants, shopping, the renowned San Diego Zoo, and vibrant nightlife. If you're an outdoor enthusiast, you'll love being steps away from Balboa Park canyon trails. Spacious and open floor plan that seamlessly flows through multiple patio doors, creating the perfect indoor-outdoor living experience. Whether you're hosting a gathering or simply unwinding, this home is an entertainer's paradise. The peaceful backyard beckons with a large covered patio, babbling fountain, and lush landscaping, providing a serene oasis for relaxation. Take in the sunset from the spacious front porch. The current configuration combines 2 bedrooms into an extra-large primary suite, offering flexibility and comfort. Ride your private elevator to the large room above the 2-car garage, ideal for guest quarters, a work-from-home space, or an entertainment/game room. Possibility of securing Mills Act for reduced property taxes, adding even more value to this incredible property.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017