5511 Kanel
About This Property
Step inside to find a newly renovated kitchen and bathrooms, featuring gorgeous marble tile, quartz countertops, and classic white farmhouse cabinetry. Additional upgrades include brand-new central A/C and heating, a 1-year-new roof, fresh interior and exterior paint, new interior doors, and a newer aluminum patio cover for year-round outdoor enjoyment.
Sitting on a large, versatile lot, this property offers the potential to add an ADU and still maintain spacious outdoor living areas. The attached 2-car garage opens to a private, secure patio entryway, creating a welcoming transition into your new home.
Located in the heart of Cypress, you'll enjoy top-rated schools, a friendly community, and excellent freeway access for an easy commute.
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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 |
|---|---|---|---|
| Jan 2, 2026 | Sold | ||
| Sold | |||
| Dec 13, 2025 | Relisted | $1,100,000 | |
| Relisted | |||
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by T.N.G. Real Estate Consultants | $1,100,000 | |
| Listed by T.N.G. Real Estate Consultants | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017