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629 Cypress Key Circle
About This Property
The customized kitchen is a chef's delight with soft-close cabinetry, pull-out shelving, decorative glass cabinet doors, a farmer-style porcelain sink with designer faucet, stainless steel appliances including GE convection cooktop and oven, pasta water filler, stainless steel grill accents, and a built-in Sharp microwave drawer. A fully updated laundry room features custom cabinets, integrated sink and vanity for added storage.
The open floor plan flows to a spacious morning room with a custom bar and mini refrigerator, perfect for entertaining. Outdoors, enjoy a beautiful stone patio overlooking a lush green lawn. The guest bath is highlighted by a custom vanity, decorator tile, and glass-enclosed walk-in shower, while the second bedroom offers a full walk-in closet.
Retreat to the oversized primary suite featuring double-door entry, superior custom walk-in closet, and a one-of-a-kind spa-inspired bathroom. The luxurious bath includes a glass-enclosed shower with dual showerheads and bench, a spacious soaking tub with coordinating tile, and custom cabinetry with granite countertops in neutral tones.
This move-in ready villa combines indoor comfort with outdoor enjoyment in a sought-after community setting. Truly a rare opportunity to own a beautifully designed home ready for years of enjoyment.
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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.
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About Cypress Key Villas
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$3,100 /mo
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$3,000 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017