1035 Medinah DRIVE
About This Property
This villa boasts a large, beautiful yard with mature oak trees and landscaping, a private, sun-soaked fenced courtyard with a paver stone floor off the main bedroom, and a huge enclosed lanai with privacy shades and a kitchen pass-through bar.
The new metal roof was installed in 2022. Double-pane vinyl windows, air conditioner, and hardwood floors throughout the main living area.
$290/month HOA fee includes landscaping, exterior building maintenance, and access to the community's amenities: clubhouse and restaurant, newly remodeled half-olympic swimming pool, tennis courts, and optional golf and fitness memberships.
Clubhouse and golf course website: www.cypresswoodcc.com. Cypresswood website: www.cypresswoodcommunityassociation.com Villas on the Green in under the neighborhood tab.
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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 |
|---|---|---|---|
| Mar 22, 2024 | Sold | ||
| Sold | |||
| Mar 8, 2024 | In contract | - | |
| In contract | |||
| Feb 28, 2024 | Relisted | $214,600 | |
| Relisted | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Nov 27, 2023 | Price Decreased |
$214,600
↓ $10K
(4.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017