27
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367 Cypress Point Drive
About This Property
Welcome home! This move in ready 2-bedroom, 2-bath residence showcases fresh interior paint, brand-new carpet in the bedrooms, and energy-efficient LED lighting throughout. Enjoy a spacious layout in a great neighborhood, just minutes from shopping, dining, and entertainment. Turn your private courtyard into anything you desire! Low HOA dues include access to a community pool--perfect for relaxing weekends. Schedule your showing today!
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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 |
|---|---|---|---|
| Sep 20, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$290,000
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Aug 11, 2026 | Price Decreased |
$295,000
↓ $3K
(1%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Decreased |
$298,000
↓ $2K
(0.7%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by Melbourne Realty, Inc. | $300,000 | |
| Listed by Melbourne Realty, Inc. | |||
Property Highlights
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About Lake Pointe Suntree
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017