18627 Andalusian Drive
About This Property
The spacious living room impresses with soaring cathedral ceilings, adding volume and natural light while providing the perfect space for relaxing or entertaining. The fully updated bathrooms are truly stunning, showcasing contemporary finishes and thoughtful design.
Major improvements include a brand new roof installed in 2026, giving buyers peace of mind for years to come. Every detail has been carefully updated to blend comfort, style, and functionality. Storage shed.
Ideally located in the heart of Cypress with convenient access to shopping, dining, and top-rated schools, this home offers the perfect combination of location and modern upgrades.
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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 |
|---|---|---|---|
| Jun 16, 2026 | Sold | ||
| Sold | |||
| May 19, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Relisted | $234,900 | |
| Relisted | |||
| May 8, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by My Castle Realty | $234,900 | |
| Listed by My Castle Realty | |||
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About Paddock
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017