118 BLUE CYPRESS Trail
About This Property
This like-new home stands out with premium finishes and thoughtful enhancements inside and out. You'll love the white kitchen cabinetry, Quartz countertops in the kitchen and both bathrooms, stainless steel appliances, and stylish ceramic wood-look tile throughout the main living areas. The original owners had the entire interior repainted in Sherwin Williams ''Pebble Beach'', adding warmth and sophistication.
Step outside to your private backyard retreat backing to a preserve. The screened-in lanai opens to an extended paver patio - perfect for entertaining, relaxing, or enjoying the view. The upgraded hardscape and lush landscaping elevate the outdoor space far beyond the basic builder grade, making this home truly special.
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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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jul 12, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Relisted | $394,000 | |
| Relisted | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$394,000
↓ $15K
(3.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017