4718 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 15, 2024 | Sold | ||
| Sold | |||
| Mar 4, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by CB&A, Realtors | $234,900 | |
| Listed by CB&A, Realtors | |||
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One-story brick home with 3 spacious bedrooms, 2 full baths, and a 2-car garage. The primary bedroom has access to the backyard. Features are a large living area, dining area, wet bar, brick fireplace, built-in bookshelves, and wood accent beams. Carpet in all bedrooms 2024, new flooring in the kitchen 2024, and interior paint 2024. New lighting in all Bathrooms, kitchen entryway, laundry room, and dining area in 2024. This property features double-pane windows, a whole-house Kohler generator, gutters, a French drain in the backyard, and a 12x10 shed for storage. Low taxes, close to shopping and dining.
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About Cypressdale
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Last Updated: 6 months ago
Data Source: HAR , MLS# 15581679
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017