2217 Cypress Gardens Blvd
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 |
|---|---|---|---|
| Mar 21, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Calico Realty Group | $214,000 | |
| Listed by Calico Realty Group | |||
| May 16, 2023 | Sold | ||
| Sold | |||
| Mar 7, 2023 | Listed by 1st Brokerage | $65,000 | |
| Listed by 1st Brokerage | |||
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Nice corner lot! Quarter of an acre and with a tiny house in the convenient Spring Branch location of the Cypress Lake Gardens. Enjoy the peace and quiet of country life but close to city amenities. Build your dream home on this secluded lot with electric and water meters installed on site. Cleared and ready for your new home! Easy access to Hwy 281 and Canyon Lake. Low POA with access to parks/ playgrounds. Won't last long!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017