560 Red Cypress Drive
About This Property
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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 |
|---|---|---|---|
| Oct 21, 2021 | Sold | ||
| Sold | |||
| Aug 19, 2021 | Listed by Keller Williams Success Realty | $450,000 | |
| Listed by Keller Williams Success Realty | |||
| Jul 19, 2021 | No longer available | - | |
| No longer available | |||
| Jun 24, 2021 | Listed by Keller Williams Success Realty | $479,900 | |
| Listed by Keller Williams Success Realty | |||
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Spectacular 4 bedroom 2.1 bathroom home in the highly sought out Lyons Ridge subdivision in Cary! Close to schools, library, and parks. Exterior cedar siding and roof give this home a unique look! The large front porch with a swing is the perfect place to relax all day/night. Grand 2-story foyer greets you upon entry. Formal living and dining room w/added hardwood flooring leads into the wonderful gourmet kitchen, complete with high end stainless steel appliances, granite countertops, and custom island. The eat-in dining nook w/slider door opens onto a huge deck in the serene backyard, overlooking a private wooded area. Bright sunroom features french doors connected to the kitchen and a slider door extending outside. The cozy family room has vaulted ceilings and a brick fireplace, perfect for year-round relaxation. Upstairs, the master bedroom and updated master bath (3 yrs) features a generously sized walk-in closet, large vanity, drop-in tub and walk-in shower. 3 additional bedrooms all give plenty of room! Downstairs, find a huge rec room for entertainment and fun, fitness/media room and storage area! 3-car garage, AC (2019), hot water heater (10 yrs), furnace (2010.) 560 Red Cypress Dr is a GEM! See it today! The manager has listed the unit size as 2839 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017