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612 Cypress Bay Lane
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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Mar 18, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Listed by Keller Williams Realty Metropolitan | $524,900 | |
| Listed by Keller Williams Realty Metropolitan | |||
| Sep 21, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by LennarVillageBldr-JaredTurner | $480,000 | |
| Listed by LennarVillageBldr-JaredTurner | |||
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NEW!! Gorgeous Village Builders Icon Collection ''Hampton" Design, Elevation ''B''. This two-story home has everything the modern you need to live a comfortable lifestyle. There are two bedrooms on the first floor, including the owner’s suite, a study with French doors, plus an open living area with a covered patio in the back. Upstairs are two bedrooms and a versatile game room loft.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017