255 Cypress Street
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 |
|---|---|---|---|
| Feb 28, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Coldwell Banker Realty | $229,000 | |
| Listed by Coldwell Banker Realty | |||
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4.72 acres UNRESTRICTED. Property is at the end of dead end street with no through traffic and really quiet.There is a 3 bedroom 1.5 bathroom cottage on the property that does need work. The property is cleared and pasture can be fenced for horses or you can even ad a couple more homes back there. At least 10 beautiful producing pecan trees on the property and NO FLOODING. This is a really special place and priced to move. Selling As Is. Please make sure you read the driving directions to property as GPS will have you take a road that was closed.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017