29 Cypress Cir #29
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 |
|---|---|---|---|
| Oct 15, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Listed by 1 Worcester Homes | $685,000 | |
| Listed by 1 Worcester Homes | |||
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This 2020 built beautiful condo is a must-see for those seeking modern living with room to grow. The main floor features an open concept kitchen, dining, & living area, perfect for both daily life & entertaining. Step outside onto the cozy porch just off the dining area, ideal for morning coffee or evening relaxation.The spacious master suite includes 2 walk-in closets & a luxurious en-suite bathroom. Two additional generously sized bedrooms & a full bathroom provide comfort & convenience, along with ample closet space & a laundry area all on the main level. The walk-out basement offers endless possibilities. Currently used as a family room, playroom, & office space with a 3/4 bath, it could easily be converted into an in-law suite or guest quarters, adding exceptional value to the home. Just outside the walkout, you'll find a private patio,perfect for outdoor entertaining or peaceful downtime. Additional features in include a 2-car garage, low condo fees. Delayed showings OH 9/7 10-12
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/05/2024
|
3 Bed
|
3 Bath
|
1804 ft²
|
$685,000
3 Bed
3 Bath
1804 ft²
|
$710,000
+3.65%
10/15/2024
|
Non Member
State Wide MLS of Rhode Island
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017