20723 Cypress Rain Drive
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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 14, 2022 | Listed by Keller Williams Realty - Memor | $375,000 | |
| Listed by Keller Williams Realty - Memor | |||
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Your Beautiful Home is finally available! This 4 Bedroom home has an outstanding Living Floorplan, High Ceilings, Study and a Media Room. The Primary Bedroom is conveniently located on the ground floor and 3 Bedrooms with 2 full Bathrooms are located on the second floor. You will love this Kitchen, open to the Living Area with an oversized Island that can sit up to 6 guests. You will also find a large amount of storage in the cabinets and plenty of Granite Countertop surface. The Family Room has a beautiful gas Corner Fireplace Façade. The Backyard is a Dream Come true! There you will find a Lovely covered Patio, and a Pavilion with a covered Sitting Bar Area and a Firepit Area for those cooler Houston months! With this wonderful open interior Living Space and the gorgeous Backyard, this is just the perfect home for those who are ready to entertain friends and family.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017