15
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15507 Riford Drive
About This Property
The kitchen opens to the living spaces and includes ample cabinetry, making it ideal for both daily living and entertaining. The primary suite offers a private sanctuary with a generously sized bathroom space - dual sinks, walk-in closet, and a well-appointed layout. Additional bedrooms are comfortable in size and provide flexibility for your family, guests, or workspace.Situated in a quiet and friendly neighborhood with easy access to shopping, commuter routes, and schools, this home combines functional living with modern updates. With its move-in ready condition, it's a fantastic opportunity for buyers seeking a turnkey property in Cypress.
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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 |
|---|---|---|---|
| Aug 10, 2026 | Sold | ||
| Sold | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Price Decreased |
$285,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 2, 2026 | Relisted | $290,000 | |
| Relisted | |||
| Jun 1, 2026 | No longer available | - | |
| No longer available | |||
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About Cypress
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017