16507 Cypress Thicket 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 |
|---|---|---|---|
| Sep 17, 2021 | Sold | ||
| Sold | |||
| Jul 17, 2021 | Listed by CB&A, Realtors | $395,000 | |
| Listed by CB&A, Realtors | |||
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UPDATED TO THE MAX BEAUTIFUL 2-STORY HOME! Fresh paint inside and out, new elegant tile flooring on the first and laminate wood flooring on the second floor. All bathrooms have been updated with new tile floors, granite counters, new sinks, new upgraded faucets and custom molding framing the mirrors. The master bath features a beautifully tiled shower that has been enlarged with frameless glass, jetted tub, gorgeous vessel sinks, new upgraded faucets, new light fixtures, and custom molding framing the mirror. The gourmet island kitchen has freshly painted cabinets with new hardware, beautiful granite counters, and new light fixtures over the extended island. The oversized family room has high ceilings, custom fireplace surround and plenty of natural light. Stacked formal living and dining, study and extra room next to the family room could be the kids playroom! This house has a room for everything! Don't miss out on this one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017