20354 Long Cypress Drive
About This Property
Step inside to find a big formal living space with 20ft ceilings, an elegant formal dining room, and a big family room. The big open kitchen has tons of cabinet space, an Island, Gas cook top, Walk in pantry and Breakfast sitting area. The primary suite is quietly tucked away on the 1st floor and boasts a soaking tub, recently updated dual vanities, and a generously sized walk-in closet.
Upstairs are 3 oversized bedrooms w/two full baths and huge game room! Great closets in all bedrooms! The spacious Backyard has plenty of space to play and a big patio with a pergola thats the perfect place to sit with friends on a sunny day and enjoy the peace and quiet of the suburban life.
Enjoy the vibrant community amenities that include: Pool,pickleball,tennis,basketball courts,a clubhouse and Parks.
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 25, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by eXp Realty LLC | $449,000 | |
| Listed by eXp Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017