1471 Cypress Trace Drive
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 |
|---|---|---|---|
| Jul 25, 2025 | Sold | ||
| Sold | |||
| Jul 1, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Listed by Keller Williams Realty Brevard | $699,000 | |
| Listed by Keller Williams Realty Brevard | |||
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Drive up the pavered circular driveway framed by lush landscaping and step inside to breathtaking panoramic lake views through expansive windows. This home is perfectly positioned on the best spot on the lake. The chef's kitchen features a Verona 5-burner gas range with double ovens, soft-close wood cabinetry, stone waterfall island and countertops, and a walk-in pantry. LVP flooring and tile run throughout the home. Storage galore with 8 closets, 3 of which are walk ins, including dual closets in the primary suite. Custom ELFA closet systems in every bedroom. Custom built-ins in the family room, a wall-to-wall banquet in the nook, The extra-deep garage includes a side-entry for a golf cart. Enjoy minimal electric bills thanks to paid-off solar panels. Additional features include electric hurricane shutters and interior cranks, freshly painted interior, and updated bathrooms. Entertain on the oversized, screened lanai and jump into the spacious pool overlooking the serene lake Ideal location close to A-rated schools, just 5 minutes to I-95 and shopping, 20 minutes to the beach or PSFB, and 45 minutes to Orlando International Airport. This home truly has it all..don't miss it!
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| Oct 18, 2022 | Sold | ||
| Sold | |||
| Aug 28, 2022 | Listed by RE/MAX Elite | $725,000 | |
| Listed by RE/MAX Elite | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017