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1297 Cypress Ridge Drive
About This Property
This thoughtfully designed two-story home boasts a gourmet kitchen with a cascading island, granite countertops, stainless steel appliances, a spacious pantry, and a coffee/wine bar. The kitchen flows seamlessly into a warm and inviting family room complete with tile flooring, a custom bookshelf, fireplace, and surround-sound wiring. The floor plan includes 4 bedrooms plus an office (with 1 bedroom and the office conveniently located downstairs) and 4 full bathrooms plus one three-quarter bathroom. Each bedroom features its own ensuite bath and custom closet. The luxurious primary suite offers a private sitting area, double-sided fireplace, balcony access, and a spa-inspired bath with a jetted tub, dual sinks, and a separate shower. Outdoor living is just as impressive, featuring a covered patio, heated pool with an electric cover, spa, and two pergolas, perfect for entertaining. The triple attached garage provides ample space, including room for a large truck. Come see this exceptional home for yourself. You won't be disappointed.
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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 |
|---|---|---|---|
| Jun 23, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 24, 2026 | Listed by Realty One Group Mendez Burk | $899,000 | |
| Listed by Realty One Group Mendez Burk | |||
| Apr 2, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 2, 2026 | Listed by Home Pros Real Estate Group | $950,000 | |
| Listed by Home Pros Real Estate Group | |||
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Seller's Contribution Available. Exceptional luxury home in a gated community with stunning mountain and sunset views. Immaculate and beautifully updated, this elegant property features a grand formal living/dining area with high ceilings and modern lighting. The gourmet kitchen offers a cascading island, granite countertops, SS appliances, pantry, and coffee/wine bar, opening to a warm living area with tile flooring, custom bookshelf, fireplace, and surround-sound wiring.
Floor plan includes 4 bedrooms + office (1 bedroom & office downstairs) and 4.5 baths, each bedroom with its own ensuite and custom closet. The primary suite offers a sitting area, double-sided fireplace, balcony, and a luxurious bath with jetted tub, dual sinks, and separate shower.
Outdoor living includes a covered patio, heated pool with electric cover, spa, and two pergolas for entertaining. Additional features: wrought-iron staircase, loft, 3-car garage, and professionally painted interior. A true standout in West El Paso luxury livin
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| Mar 20, 2026 | Price Decreased |
$899,000
↓ $29K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017