2
Map
246 Cypress Street
About This Property
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Cap Rate Calculator
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 19, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | No longer available | - | |
| No longer available | |||
| Jan 7, 2025 | Listed by Co/Max Holding & Realty Co. | $14,500 | |
| Listed by Co/Max Holding & Realty Co. | |||
| | |||
|
no flooding here, it is a quiet neighborhood, 6,540 S.F., the buyer is to verify the restrictions, and no survey is available. see it. no appointment is required.
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| Nov 11, 2024 | Listed by Co/Max Holding & Realty Co. | $14,500 | |
| Listed by Co/Max Holding & Realty Co. | |||
| | |||
|
No appointment is required for the showing, and no survey is available.
There is no flooding here. It is a quiet neighborhood with easy access to FM 2100 and is close to Lake Houston Wilderness. No survey is available, and no appointment is required for a showing.
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| Oct 17, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017