39 Cypress Lane
About This Property
Welcome to 39 Cypress! A truly massive home in the highly sought-after Cedar Run location.
Featuring over 4,000 sq ft of living space, plus a full finished basement, this home is set on an oasis-like property and is truly a gem!
The renovated kitchen leaves nothing to the imagination, showcasing stone countertops, stainless steel appliances, and double wall ovens. The main level is high and wide, offering a large living and dining area, plus a dedicated study-perfect for everyday living and entertaining!
Upstairs features five full bedrooms. The primary bedroom includes a model-like en-suite bathroom, with two additional full bathrooms upstairs, including another en-suite. The basement is high and dry, finished with all new flooring, providing excellent additional living or recreation space!
The property itself is a dreamfeaturing a gorgeous heated pool and plenty of grassy areas for endless family fun and entertaining.
This home has been meticulously updated and is fully move-in ready for the next buyer to make it their own.
This one will not last!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Feb 3, 2026 | In contract | - | |
| In contract | |||
| Dec 31, 2025 | Listed by Keller Williams Shore Properties | $1,050,000 | |
| Listed by Keller Williams Shore Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017