16519 Cypress Path Court
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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 25, 2021 | Sold | ||
| Sold | |||
| Jul 8, 2021 | Listed by Re/Max Property Group | $299,000 | |
| Listed by Re/Max Property Group | |||
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MULTIPLE OFFERS RECEIVED. PLEASE SUBMIT OFFERS BY MONDAY AT 10AM. Welcome to the beautiful neighborhood of Cypress Point Lake Estates. You will find upgrades galore from the moment you pull in the driveway. The newly refinished front door will lead you to rich engineered hardwood floors throughout the downstairs. Spacious living areas with ample natural light, updated kitchen with stainless appliances, glass tile backsplash and recycled quartz counters. Upstairs boasts 4 bedrooms with recent carpet, complete with extra thick upgraded waterproof padding, and two recently updated baths with wood look tile floors, new vanities, double beveled subway tile and updated lighting. Spacious secondary bedrooms and large gameroom perfect for entertaining. The huge back yard with flagstone pavers, fire pit, and plenty of space for entertaining family and friends and has ample space for the future swimming pool! Stainless refrigerator and fire pit convey. Never flooded.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017