7214 Cypress Prairie Drive
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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 |
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| Oct 13, 2023 | Sold | ||
| Sold | |||
| Sep 9, 2023 | Listed by Keller Williams Signature | $299,999 | |
| Listed by Keller Williams Signature | |||
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Welcome to this ready move in home in Canyon Village at Cypress Springs, zoned to Cypress ISD. This home has many upgrades: furnace 2020, flooring 2021, lighting fixtures 2021, dish washer 2021, water heater 2023. The home features three beds, two and a half baths. Beautiful open living concept: spacious family room, living room, open kitchen and breakfast area are ideal for entertaining with your loved ones. Tile and laminate throughout, all bathrooms beautifully upgraded. The fully fenced backyard with no back neighbors perfect for entertaining. Minutes to local bars, restaurants, shops. Great location with easy access to FM529, Hwy 6 and Grand Parkway. This is the ideal place to call home. Call today for showing appointment!
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| Nov 10, 2021 | Sold | ||
| Sold | |||
| Oct 5, 2021 | Listed by Walzel Properties | $254,990 | |
| Listed by Walzel Properties | |||
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This 2 story beauty awaits you in the sought after community of Canyon Village at Cypress Springs. This home has been meticulously updated with new flooring, fresh designer paint and new lighting fixtures to name a few. The spacious kitchen pours out into a large family room with a newly added fireplace. The breakfast area looks out onto a huge, immaculately manicured backyard with no back neighbors! A conveniently placed half bath on the first floor has been beautifully remodeled and includes a vessel sink and tiled interior. Atop the stairs sits an oversized game room, two more bedrooms and another renovated full bath, not to mention the large primary bedroom with a luxury bathroom that includes separate soaking tub and shower, double sinks and walk in closet. All bedrooms have a ceiling fan. No carpet here! Tile and laminate throughout and a lawn sprinkler system! Zoned to CyFair schools, close to shopping and major freeways. This one won't last long, schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017