34
Map
203 Cypress Cir
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| Jul 17, 2024 | In contract | - | |
| In contract | |||
| Jun 4, 2024 | Price Decreased |
$495,000
↓ $15K
(2.9%) | |
| Price Decreased | |||
| May 20, 2024 | Price Increased |
$510,000
↑ $15K
(3%) | |
| Price Increased | |||
| Apr 30, 2024 | Listed by The Resource Group LLC | $495,000 | |
| Listed by The Resource Group LLC | |||
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Since I bought the house in 2017 I have finished basement the basement with a bedroom, bathroom and TV room. I added a front and rear deck. Added to the fence to include the side yards for kids/pets. I added a planter to the front, replaced all the old windows, with top-of-the-line windows. The exterior doors have just been replaced with top-of-the-line doors that also have a transferable warranty. The exterior has been painted recently. Interior has recently been painted as well and is going to be painted again where needed. Flooring was replaced w/Carpet & premium vinyl that most people think is actually hard wood. Exterior walls have been injected with Rocky Mountain retro foam, which reduces the heating & cooling costs. Fireplace has a cast iron wood burning stove insert that can heat the whole house and you can cook on if the power goes out during a snowstorm. When the "Bomb Cyclone" hit us in 2019 we didn't have power for a while and the whole house stayed around 70 degrees the entire time. It comes with a washer and dryer in the basement covered by the warranty. Please ask about the secret when you tour the house, and I will share the secret with you at that time. You can walk to everything you might want or need, including grocery stores, restaurants, Dr offices, Dentists, Wonderland brewery, Home Depot, Kohls, Staples, fast food, the public library, a skate park, batting cages, many parks, the local elementary school, yoga, messages, entertainment. The neighborhood has an executive golf course, tennis courts, basketball court, swimming pool, kiddie pool, clubhouse, volleyball court, horseshoe court, baseball field, soccer/football field, greenbelt path, and much more. The hospital, police, and fire department are all close by. The home comes with a Choice Home warranty or we can cancel this one and take a home warranty with the company of your choosing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017