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104 Cypress Springs WAY
About This Property
Situated on a premium greenspace lot, this beautifully appointed home offers serene tree-lined views and remarkable outdoor living. Enjoy a covered stone patio plus an extended pergola-shaded area complete with a tranquil water feature--ideal for everyday relaxation and entertaining. A temperature-controlled sunroom with expansive picture windows brings the outdoors in year-round. The main level features 2 bedrooms, 2.5 baths, two dining areas, an office/flex room, and a gourmet kitchen showcasing granite countertops, stainless steel built-in appliances, a large island, and breakfast bar. The inviting family room includes a cozy fireplace and overlooks the lush backyard. The upstairs retreat adds even more versatility with a spacious living area, additional bedroom and bath, and a bonus alcove--perfect for guests or creative pursuits. Located on a picturesque street with wonderful curb appeal, this exceptional home in the highly sought-after Sun City active adult community is not to be missed.
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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 |
|---|---|---|---|
| Jan 29, 2026 | In contract | - | |
| In contract | |||
| Dec 3, 2025 | Listed by The Stacy Group, LLC | $799,000 | |
| Listed by The Stacy Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017