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5648 Cypress Creek 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 26, 2026 | Listed by Dale Sorensen Real Estate Inc. | $1,237,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Dec 16, 2019 | Sold | ||
| Sold | |||
| Nov 1, 2019 | No longer available | - | |
| No longer available | |||
| Oct 30, 2019 | Listed by Dale Sorensen Real Estate Inc. | $685,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| | |||
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The gorgeous home features 4 bedrooms PLUS bonus room, easily a 5th bedroom. Tons of upgrades and updates (over $300k+)! Roof, A/Cs, driveway, all new in the last few years! Floors were upgraded to Brazilian Koa & travertine! The kitchen has been updated with new granite, and top of the line appliances (Subzero fridge, induction stove). The family room features a gas fireplace that works off remote! Inside and out has been accented with stack stone detailing on the walls. All three bathrooms have been renovated. The home overlooks a gorgeous pool, recently renovated with custom rock waterfall and a beautiful lake! Outdoor kitchen with new grill and sink! Walk past the pool, and sit on your paver deck, complete with fire pit. The garage is HUGE (1326 sq ft) and includes and RV/boat door.
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| Oct 16, 2019 | Listed by Dale Sorensen Real Estate Inc. | $685,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017