$535,000
●
House -
Off Market
542 N Cypress Drive
Tequesta, FL 33469
5 Beds
4 Baths
4,103 Ft²
$1,035,692
RealtyHop Estimate
88.65%
Since May 1, 2014
National-US
Primary Model
About This Property
BEAUTIFULLY RENOVATED 5BR/4BA PLUS OFFICE CBS HOME WITH OVER 4100
SQUARE FEET OF LIVING AREA. THE AWE-INSPIRING FEATURES INCLUDE A
GOURMET CHEF'S KITCHEN WITH GRANITE, WINE COOLER & OMEGA CUSTOM
CABINETRY, HAND SCRAPED HARD WOOD FLOORS, PULL DOWN MURPHY BED
CONCEALED BEHIND OMEGA CUSTOM CABINETRY IN THE OFFICE, TWO MASTER
SUITES WITH LUXURIOUS BATHS,3 WALK IN CLOSETS IN SECOND FLOOR
MASTER BEDROOM, MUD ROOM, LAUNDRY ROOM WITH A CHUTE, SKY LITES AND
SPIRAL STAIRCASE. THE ADDITION HAS IMPACT HURRICANE WINDOWS AND
IMPACT FRENCH DOORS...TOO MANY MAGNIFICENT DETAILS TO
MENTION...THIS IS A MUST SEE HOME!
Unit Size
4,103 Ft²
Days on Market
383 days
Land Size
-
Price per sqft
$134
Property Type
House
Property Taxes
$299
HOA Dues
$31
Year Built
1995
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (Beaches MLS #R3358705)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 8, 2022 | No longer available | - | |
| No longer available | |||
| Jan 20, 2022 | Price Increased |
$1,350,000
↑ $150K
(12.5%) | |
| Price Increased | |||
| Oct 26, 2021 | Listed by 1st Millenium Realty | $1,200,000 | |
| Listed by 1st Millenium Realty | |||
| | |||
|
5K Sq ft of cozy, relaxed luxury and calm glamour. two master suits one downstairs and one on the second floor. New roof and freshly painted exterior. It is Located within 2 miles to the Beach and Marina; 5 miles to I-95 and 10 min to the Gardens Mall/Downtown. Home is offered furnished turn key.(bring your toothbrush kind) or unfurnished whichever buyer prefers. Make an offer.Home has 3 HVAC originally built in 1995 undergone renovation and addition was built in 2007HOA is $400/year The manager has listed the unit size as 4600 square feet.
| |||
| Apr 30, 2014 | Sold | ||
| Sold | |||
| Apr 6, 2013 | Listed by Water Pointe Realty Group | $549,000 | |
| Listed by Water Pointe Realty Group | |||
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About Cypress Ridge
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Listed by: Kim B Steinberger PA
Water Pointe Realty Group
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R3358705
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
Water Pointe Realty Group
Last Updated: 9 months ago
Data Source: Beaches MLS, MLS# R3358705
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017