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16210 Cypress Point Drive
About This Property
The layout offers comfortable living spaces with great natural light and an oversized backyard that gives you room to relax, entertain, or let the pets roam. Yes - pet-friendly landlords.
Located in an established subdivision zoned to highly acclaimed Cy-Fair ISD, with the elementary school conveniently located right inside the neighborhood. Community amenities include a pool, tennis courts, picnic areas, and a playground - built-in lifestyle perks that are available without leaving home.
Low-maintenance floors. Fresh interior. Large yard. Great schools. Pet-friendly.
This one checks the boxes.Book your appointment today
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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 |
|---|---|---|---|
| Apr 8, 2026 | Sold | ||
| Sold | |||
| Mar 3, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Listed by RE/MAX Elite Properties | $220,000 | |
| Listed by RE/MAX Elite Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017