5592 Bishop Street
About This Property
The cozy interior creates a welcoming atmosphere, making it a great opportunity for first-time buyers, those looking to downsize, or investors seeking a property in an established neighborhood. The single-story design adds to the home's accessibility and ease of living.
Conveniently located near shopping, dining, parks, schools, and major freeways, this property offers easy access to local amenities while maintaining the charm of a residential community. Don't miss the opportunity to make this Cypress home 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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 22, 2026 | Listed by KW Temecula | $750,000 | |
| Listed by KW Temecula | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017