662 Cypresswood Trace
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 |
|---|---|---|---|
| Nov 25, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by Century 21 Realty Partners | $185,000 | |
| Listed by Century 21 Realty Partners | |||
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Welcome to the beautiful gated community of Cypresswood Lakes! Homes in this neighborhood don't last long and you'll soon learn why. This community boasts beautiful pet-friendly walking trails, playgrounds, green spaces, a volleyball court, and an area pool/spa for the enjoyment of its residents. Nestled behind the gates you'll find this gem of a property. Upon entry, you are greeted with new hand-scraped floors and a beautiful gas fireplace. Freshly updated with new paint and carpet, you'll feel this home is turn-key ready. An outdoor covered patio leads to a custom paved sitting area. With no back neighbors, you'll enjoy your evenings outdoors. Upstairs you'll find a game room centered between the homes 3 bedrooms. Amongst the highlights, this home offers include the proximity within Spring! Moments from shopping, dog parks, gyms, and abundant restaurants; you are close to Exxon and other major employers! There isn't a better place to reside other than 662 Cypresswood Trace.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017