12823 N Cypress Lane
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%.
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | Listed by BHGRE Gary Greene | $515,000 | |
| Listed by BHGRE Gary Greene | |||
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Sprawling 2-story home nestled on quiet treed lot in desirable Villages of Northpointe w/private swimming pool & spa. Private study w/ French doors. Great open floor plan w/large formal dining for entertaining w/spacious family room boasting floor-to-ceiling windows & wood-burning fireplace. Chef’s kitchen features 42" maple cabinets, granite countertops, sleek black appliances & gas cooking, along w/walk-in pantry & large island w/breakfast bar! Executive Owner's Retreat has a massive, magnificent custom closet that we all dream of, PLUS a second walk-in! Primary bath offers dual sinks, vanity, an oversized whirlpool tub & separate shower. Upstairs features Gracious secondary bedrooms – all w/excellent closets & a private full bath. Large game room plus enclosed media room up w/projector, screen & surround sound included. Excellent schools! Easy Access to Grand Parkway/99, Hwy 249, area shopping & dining! Welcome Home!
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About Villages of Northpointe
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017