4010 Cypress Lake Drive
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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%.
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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 25, 2024 | Sold | ||
| Sold | |||
| Aug 6, 2024 | In contract | - | |
| In contract | |||
| Jul 13, 2024 | No longer available | - | |
| No longer available | |||
| Jul 12, 2024 | Listed by RE/MAX Compass | $320,000 | |
| Listed by RE/MAX Compass | |||
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Immaculate 4 bedroom located in the charming neighborhood of Cypresswood. Spacious open floor plan with a formal dining room, formal living room, family room, sunroom, and an extra room perfect for a game room or home office. Pride of ownership shows with beautiful hardwood floors, fresh paint and custom built-ins. Recent carpet (2023), New furnace (2024), New roof (2024) with transferable warranty. Large primary bedroom with a huge walk-in closet and custom built-ins. Spacious primary bath with dual sinks, two granite vanities, and plenty of storage. Cypresswood is a family community with low tax rate, has multiple amenities like pools and tennis courts, and is zoned to award winning Klein ISD schools. Prime location with easy access to restaurants and shopping, I-45, Hardy Toll Road, TX-99, and The Woodlands. No flooding.
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| Jul 9, 2024 | Withdrawn | - | |
| Withdrawn | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017