1040 Cypress Way
About This Property
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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 |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2020 | Listed by Compass | $1,380,000 | |
| Listed by Compass | |||
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Located on a peaceful street in the sought after neighborhood of Marston Hills,this Spanish inspired home boasts 2bedrooms and 2 remodeled bathrooms in the main house as well as a remodeled 1bedroom Accessory Dwelling Unit(Guest house).In the main house, large wood windows highlight the new wood floors and allows light to filter throughout.The living room has a cozy gas fireplace creating a sense of warmth and comfort.The dining room has LaCantina doors that open to the backyard which makes a great space for hosting fun dinner parties.The kitchen is equipped with newer appliances and lots of storage space.All the bedrooms possess large windows,providing ample natural light.The stairway in the backyard leads to a newly remodeled,guest house equipped with its own kitchenette and a full bedroom and bathroom overlooking the backyard.The driveway leads to the single car garage and allows ample off street parking for your guest.Don't miss an opportunity to own a beautiful home in this charming area.. Neighborhoods: Marston Hills Equipment: Garage Door Opener, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: ,GSL Guest House Est. SQFT: 308
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| Nov 6, 2018 | Sold | ||
| Sold | |||
| Jul 8, 2018 | Listed by Compass | $1,250,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017