14807 Cypress Ridge Drive
About This Property
in the Cypress area, easy access to 290 and surrounding areas. Zoned to strong schools, this home can
offer its next owner a fresh start. Nice size family room that opens into the kitchen, dining room that
can utilized as an office or flex space provides the buyer some flexibility. Bedrooms each have adequate
space along with 2 full bathrooms. Outside has nice yard space with a deck, giving the owner an
opportunity to unwind after a long day of work or school. Enjoy the Cypress area, mature trees, local
restaurants within 5 minute drive and so much more.
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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 |
|---|---|---|---|
| May 12, 2023 | Sold | ||
| Sold | |||
| Mar 14, 2023 | Listed by Keller Williams Premier RealtyKaty | $245,000 | |
| Listed by Keller Williams Premier RealtyKaty | |||
| Jul 9, 2017 | Listed | $214,999 | |
| Listed | |||
| | |||
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Landscaping, grand entrance with high ceilings, Study, Formal dining, Game room up, computer niche, designer paint through out, 2017 Roof, 2017 carpet upstairs, Granite in bathrooms, wood floors downstairs, large tile in the Kitchen with granite open to Living room and breakfast room, covered patio with a huge private back yard with trees. Energy efficient 2013-2014 2 a/c units, 2 furnaces, water softener, sprinkler system, smart home thermostats & garage door opener. Night tree lighting.The manager has listed the unit size as 2636 square feet.
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Property Highlights
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About Cypress
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Last Updated: 5 months ago
Data Source: HAR , MLS# 97061963
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Address: 335 Madison Avenue, New York, NY 10017