42 Cypress View Drive #C42
About This Property
In addition this condo is in a great location, just a short walk to the clubhouse, Crystal Lake Sports bar, pool, tennis and fitness ctr. Eagle Creek is a member owned and financially sound golf and tennis community with only 458 residences. BUYER HAS THE OPTION OF PURCHASING AN IMMEDIATE GOLF MEMBERSHIP AT CLOSING OR A SOCIAL MEMBERHIP IF SO DESIRED
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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 |
|---|---|---|---|
| Feb 13, 2025 | Sold | ||
| Sold | |||
| Dec 31, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2024 | Price Decreased |
$459,000
↓ $16K
(3.4%) | |
| Price Decreased | |||
| Sep 6, 2024 | Price Decreased |
$475,000
↓ $24K
(4.8%) | |
| Price Decreased | |||
| Apr 1, 2024 | Listed by John R Wood Properties | $499,000 | |
| Listed by John R Wood Properties | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/01/2024
|
3 Bed
|
3 Bath
|
1930 ft²
|
$499,000
3 Bed
3 Bath
1930 ft²
|
$400,000
-19.84%
02/13/2025
|
Christine M Siemers
John R Wood Properties
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017