1700 RED CYPRESS Drive
About This Property
The kitchen, upgraded with stainless steel appliances, quartz countertops, & marble backsplash, seamlessly integrates with the living room & charming breakfast nook. Roof only 3 years old!
Relax in the expansive owner's suite, boasting a beautiful garden tub, dual vanities, & double walk-in closets with access to the newly covered patio from the primary bedroom and bath. The versatile third bedroom with French doors is ready to fulfill your needs as a bedroom, office, or study.
Step outside to the backyard and experience a true outdoor oasis, beckoning you to entertain! Imagine family paddle boarding, kayaking sessions, catching your favorite football games on the patio, and cozy nights by the fire pit! Outdoor living in your backyard haven is limitless.
This tranquil neighborhood with tree lined streets is tailored for the entire family - complete with a quiet neighborhood pool just a stone's throw away! Seize the opportunity to make this home uniquely yours!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017