16102 Cypress Point 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 |
|---|---|---|---|
| Jan 12, 2024 | Sold | ||
| Sold | |||
| Dec 1, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $375,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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Set on almost half an acre, this 4 bedroom, 2.5 bath property boasts an expansive lot, providing ample space for outdoor activities, gardening, or creating your own personalized outdoor sanctuary.From the moment you step through the front door, you'll be captivated by the meticulous attention to detail and the array of desirable features.The spacious living area and kitchen with ample counter and cabinet space is the heart of the home perfect for entertaining family and friends.Step outside to your private oasis – Dive into refreshing waters during warm summer days, or simply relax poolside and soak in the serenity of your own backyard retreats.Adjacent to the pool, the screened-in porch is an ideal spot for al fresco dining or unwinding with a good book.Enjoy the fresh air without worrying about pesky insects – this space seamlessly connects the indoors with the outdoors. This home is a rare find, offering a lifestyle of comfort, convenience, and endless entertainment possibilities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017