5542 Bishop
About This Property
The functional layout makes great use of the space, creating a warm and welcoming atmosphere throughout the home. Whether you are a first-time buyer, looking to downsize, or searching for an investment opportunity, this home offers plenty of potential to make it your own.
Conveniently situated near local shopping, dining, schools, parks, and major freeways, the location provides easy access to nearby amenities while still offering the charm of an established neighborhood. Don't miss this opportunity to own a single-story home in the heart of Cypress.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | Listed by KW Temecula | $775,000 | |
| Listed by KW Temecula | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017