1338 Cypress Bend Circle
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%.
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 |
|---|---|---|---|
| Dec 5, 2025 | Price Decreased |
$279,900
↓ $9K
(3.2%) | |
| Price Decreased | |||
| Nov 11, 2025 | Relisted | $289,000 | |
| Relisted | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Sep 26, 2025 | Listed | $289,000 | |
| Listed | |||
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Charm meets convenience in this delightful 2 bedroom, 2 bathroom abode! Step into a world of warmth and comfort as you enter the open concept living space, perfect for creating lasting memories with loved ones. This home features an extra room which can be used as an office or an extra living area. It has vaulted ceilings which makes it light and airy. It has new appliances, new quartz countertops, updated kitchen, and a new roof. The house is a split bedroom plan for privacy and the master bedroom features a large walk in closet. This home has been freshly painted inside and out and has a beautiful paved driveway and back patio. The garage has plenty of storage and a convenient utility sink. Easily accessible to the community pool for relaxing. This location is really convenient to hop on 95 or just a short drive to the beaches or shopping.
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| May 20, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017