1125 W Cypress Drive
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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%.
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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 |
|---|---|---|---|
| Apr 4, 2025 | Sold | ||
| Sold | |||
| Mar 16, 2025 | In contract | - | |
| In contract | |||
| Feb 17, 2025 | Listed by Charles Rutenberg Realty FTL | $2,195,000 | |
| Listed by Charles Rutenberg Realty FTL | |||
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Exceptional turnkey 4 bedrooms/6.5 bathrooms home in Palm Aire CC features a unique layout. Take your private elevator to top floor/exclusively dedicated main bed/bath w/resort like feel, 2 separate WC, soaking tub/large closets. Spacious & elegant interiors filled w/natural light. High ceilings & marble floors in the great room/Formal Dining w/wet bar. Cozy TV/Den, Kitchen has a breakfast area. Laundry area/maid’s quarters or guest room. This remarkable property covers 7000SF under A/C and sits on the largest lot in the area at 22,000SF. Plenty of high-end finishes, The generous patio area has electric screens, pool and a convenient outdoor kitchen BBQ space. Guest/Pool House has a full bath/kitchen. The roof NEW in 2023, New Impact Windows and Doors, New AC, attached 2 car garage.
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| Mar 25, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | In contract | - | |
| In contract | |||
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About Palm Aire
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017