5732 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 |
|---|---|---|---|
| Sep 3, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Price Decreased |
$699,900
↓ $25K
(3.5%) | |
| Price Decreased | |||
| May 21, 2024 | Listed by NEXTHOME SANTANA REAL ESTATE | $725,000 | |
| Listed by NEXTHOME SANTANA REAL ESTATE | |||
| | |||
|
NEW PRICE, BEST VALUE IN CYPRESS CREEK!! Welcome to this expansive two-story home featuring 5 bedrooms, plus loft/office, 4 bathrooms, and an oversized 2-car garage with additional space for a golf cart or motorcycle. Enjoy a private screened, solar-heated pool with a calming waterfall accent and salt system on a peaceful 1.07-acre lot. The property includes an enlarged driveway with ample parking. Recent updates include a NEW ROOF in 2023, Bahama shutters, air conditioning units 2023 and 2021, and a new water system. The home offers a split floor plan, a welcoming foyer, formal living and dining rooms, a family room, and an upgraded kitchen with a breakfast bar and nook, plus an inside laundry room. High ceilings, tile, laminate, and wood flooring enhance the home’s elegance. The primary suite boasts pool access, a dual sink vanity, Jacuzzi tub, walk-in shower, water closet, and a large walk-in closet. Additional features include all upgraded stainless steel appliances, 10 ceiling fans, garage opener, window blinds, lighting, pool security fence, irrigation system, a 13-month HWA home warranty, and more. Low Annual HOA. Short Drive to the River, Shopping, Dining & I95.
| |||
| May 15, 2024 | Price Decreased |
$725,000
↓ $23K
(3.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017