4740 Cypress Creek Ranch ROAD
About This Property
The property features a unique two-story "she shed" in the backyard, providing the perfect space for a home office, studio, or guest retreat. Enjoy the peaceful surroundings with a private pond and conservation area at the back, offering an ideal backdrop for nature lovers.
This expansive property provides ample space for outdoor activities, gardening, or simply soaking in the beauty of your surroundings. Experience country living with the convenience of being close to town. Don't miss the opportunity to make this extraordinary property your own!
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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 |
|---|---|---|---|
| Dec 26, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Oct 7, 2024 | Price Decreased |
$425,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
| Aug 29, 2024 | Listed by ROYAL REALTY REAL ESTATE, LLC | $435,000 | |
| Listed by ROYAL REALTY REAL ESTATE, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017