2627 Cypressvine 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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Corcoran Prestige Realty | $270,000 | |
| Listed by Corcoran Prestige Realty | |||
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Thoughtfully updated and move-in ready, this 3-bedroom, 2-bath home in Katy offers 1,852 sq ft of open living space with modern comfort. Recent upgrades include luxury vinyl plank flooring throughout (no carpet), full interior paint, fresh baseboards, and a fully replaced HVAC system with new ductwork, furnace, AC, and added insulation. Soaring ceilings and natural flow make the living and dining spaces feel bright and inviting. The kitchen opens up to a cozy breakfast area, while the private backyard, with no rear neighbors, features a patio perfect for morning coffee or evening gatherings. Built in 1983 with a roof just 5 years old, this home combines durability with thoughtful design. Located just minutes from I-10, local parks, Katy Mills Mall, and everyday shopping and dining.
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| Apr 24, 2024 | Sold | ||
| Sold | |||
| Apr 5, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017