7359 Cypress Dr
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 |
|---|---|---|---|
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by ReMax Select Group | $369,000 | |
| Listed by ReMax Select Group | |||
| Oct 29, 2019 | No longer available | - | |
| No longer available | |||
| Oct 22, 2019 | Listed by Berkshire Hathaway HomeService | $344,445 | |
| Listed by Berkshire Hathaway HomeService | |||
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RARELY AVAILABLE BEAUTIFUL AND READY TO MOVE IN 3 BEDROOM , 2.5 BATH HOME IN A GATED CYPRESS COVE COMMUNITY FEATURING A GRANITE COUNTER-TOP KITCHEN WITH STAINLESS APPLIANCES, FORMAL DINING/LIVING ROOM & FAMILY ROOM, ACCORDION SHUTTERS (2ND. FL.), HUGE BEDROOMS, NEUTRAL TILE AND LAMINATE WOOD FLOORS, PAVED DRIVEWAY AND EXTENDED COVERED PAVED PATIO, FULLY FENCED YARD. THE SPACIOUS MASTER HAS A SITTING AREA, A GIANT CLOSET AND RE-MODELED BATH WITH GRANITE, DUAL SINKS,AND THE HUGE SHOWER HAS DOUBLE SHOWER HEADS! THE WASHER/DRYER IS LOCATED UPSTAIRS FOR YOUR CONVENIENCE. THERE IS AN OVER-SIZED 2 CAR GARAGE A W/HURRICANE IMPACT DOOR. PUSH BUTTON ENTRANCE WAY, LOW ASSOCIATION FEE IS $160. A YEAR! WALKING DISTANCE TO TEMPLE BETH AM . HURRY!! THIS WON'T LAST LONG! The manager has listed the unit size as 1886 square feet.
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| Nov 3, 2006 | Sold | ||
| Sold | |||
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About Palm Island
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017