245 Cypress 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 |
|---|---|---|---|
| Sep 5, 2026 | Relisted | $275,000 | |
| Relisted | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by HomeSmart | $275,000 | |
| Listed by HomeSmart | |||
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Feb 8, 2024 | Listed by Open Exchange Brokerage, LLC | $276,000 | |
| Listed by Open Exchange Brokerage, LLC | |||
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Come see this lovely four bed, three bath home situated on an almost 2 acre wooded cul-de-sac lot. Home features living room with vaulted ceiling and fireplace, eat-in kitchen with stainless appliances including fridge, electric stove and dishwasher. Three bedrooms, two full bathrooms and a laundry room are located on the main level with an additional bedroom and 3/4 bath upstairs. Home comes equipped with an attached 2 car garage. **Seller is calling for Highest and Best offers due by 5pm 5/21/24**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017