12650 Cypress
About This Property
As you step inside, you're greeted by ABUNDANT NATURAL LIGHT, FRESH PAINT THROUGHOUT INSIDE AND OUTSIDE, BRAND NEW LUXURY VINYL WOOD FLOORING THROUGHOUT that flows throughout the open concept living areas. The inviting great room showcases a DESIGNER COZY FIREPLACE, sliding doors leading to the LARGE BACKYARD, creating the perfect indoor-outdoor living experience.
The BRAND-NEW GOURMET KITCHEN features QUARTZ countertops, FULL BACKSPLASH, BRAND NEW SINK, BRAND NEW custom cabinets, BRAND NEW APPLIANCES INCLUDING NEW FRIDGE, seamlessly connecting to the dining room, family room area which are ideal for entertaining and family gatherings.
This beauty has been completely remodeled with COMPLETELY RE-PIPED THROUGHOUT, ALL-NEW BATHROOMS, FRESH INTERIOR and EXTERIOR PAINT, BRAND-NEW WINDOWS, NEW ROOF, BRAND-NEW AIR CONDITIONING AND FURNACE, NEW CEILING LIGHTS THROUGHOUT THE HOME, AND A NEW FIREPLACE IN THE LIVING ROOM, CREATING A PERFECT BLEND OF COMFORT AND MODERN STYLE. With no HOA, this move-in-ready home is ideal for a first-time buyer or a growing family. Washer/dryer hook-up in the attached 2 car garages. A RARE OPPORTUNITY NOT TO BE MISSED.
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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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by RE/MAX Premier Realty | $798,000 | |
| Listed by RE/MAX Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017