2885 Cypress Trace Circle #204
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 |
|---|---|---|---|
| Jul 19, 2024 | Sold | ||
| Sold | |||
| May 22, 2024 | Listed by Keller Williams Realty Naples | $300,000 | |
| Listed by Keller Williams Realty Naples | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/22/2024
|
2 Bed
|
2 Bath
|
1252 ft²
|
$300,000
2 Bed
2 Bath
1252 ft²
|
$290,000
-3.33%
07/19/2024
|
Michel Kanigsberg
Keller Williams Realty Naples
| |
|
07/27/2023
|
2 Bed
|
2 Bath
|
1232 ft²
|
$329,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Marc J Comisar
DomainRealty.com LLC
| |
|
11/25/2022
|
2 Bed
|
2 Bath
|
1232 ft²
|
$365,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Ralph Iorio
Achieve Realty LLC
| |
|
01/08/2022
|
2 Bed
|
2 Bath
|
1232 ft²
|
$269,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
Katie Scheiber
Keller Williams Realty Naples
| |
|
09/22/2019
|
2 Bed
|
2 Bath
|
1232 ft²
|
$175,000
2 Bed
2 Bath
1232 ft²
|
-
-
|
-
| |
|
12/24/2007
|
2 Bed
|
2 Bath
|
1232 ft²
|
$194,500
2 Bed
2 Bath
1232 ft²
|
-
-
|
Barry Weissman
Downing Frye Realty Inc.
|
Building Info
About Urban Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017