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516 Cypress Green Circle
About This Property
The home is light and bright, large windows featuring custom window treatments.The kitchen boasts stainless appliances and granite counter tops. Perfect for entertaining, the back of this beautiful home offers a covered patio with retractable awning, a salt water, heated pool with 7 x 7 spa, Travertine decking and a custom built grilling area with granite bar and seating area, refrigerator and TV hookup. A must see!
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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 |
|---|---|---|---|
| Dec 11, 2017 | Sold | ||
| Sold | |||
| Aug 21, 2017 | Listed by Keller Williams Realty - Wellington | $579,000 | |
| Listed by Keller Williams Realty - Wellington | |||
| May 11, 2015 | Sold | ||
| Sold | |||
| Sep 14, 2012 | Sold | ||
| Sold | |||
| Apr 28, 2012 | Listed by John P. O'Grady LLC | $365,000 | |
| Listed by John P. O'Grady LLC | |||
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STUNNING 3 BEDROOM PLUS DEN, 3 BATH, 3 CAR GARAGE, WITH POOL. SPLIT BEDROOM PLAN! GREAT ONE STORY WITH VOLUME CEILINGS! NO CLIMBING STAIRS! TWO ZONE AIR CONDITIONING. ONE NEW A/C IN 2011. NEW WASHER DRYER AND NEW DISHWASHER. GENERATOR NEGOTIABLE. GENERATOR IS NEGOTIABLE AND SOME OF THE FURNITURE IS NEGOTIABLE. SOUGHT AFTER ONE STORY, VOLUME CEILING, OPEN FLOOR PLAN, SPLIT BEDROOM PLAN WITH PRIVATE POOL, COVERED PATIO AND FULL CABANA BATH. MEASUREMENTS ARE ESTIMATES OR TAKEN FROM TAX RECORDS AND NOT THE RESPONSIBILITY OF BROKER, REALTOR OR OWNER AND SHOULD BE VERIFIED BY BUYER. NO COMMISSIONS ARE DUE OR PAID UNTIL TITLE PASSES.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017