3607 Cypressdale Drive
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 14, 2024 | In contract | - | |
| In contract | |||
| Feb 3, 2024 | Relisted | $329,000 | |
| Relisted | |||
| Feb 2, 2024 | No longer available | - | |
| No longer available | |||
| Aug 26, 2023 | Listed by Connect Realty.com | $329,000 | |
| Listed by Connect Realty.com | |||
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WOW! Updated 4 bedroom home is located in the desirable neighborhood of Cypresswood. Nursery conveniently located adjacent to the primary bedroom. No need? Use it as another bedroom or an office! The single story floor plan with the large detached garage and nice backyard is a great balance of form and function. Many conversation zones in this home including the formal living and family rooms, the dining room and eat in kitchen. Upscale finishes throughout. The primary suite was remodeled to include a luxury bath with a separate shower and soaking tub. Three additional bedrooms, a second full bath plus a half bath, this one has it all! The backyard is a great space to enjoy the outdoors, from the deck to the newly sodded backyard, there’s plenty of space for family gatherings and pets. This place is ready for you! Just move in and enjoy! This one checks all the boxes! Reach out today for a private showing!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017