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7731 Cypress Edge Drive
About This Property
Step outside and enjoy peace and privacy with no neighbors behind you, just open views and fresh air. The neighborhood features LOW HOA FEES while still providing resort-style amenities including a pool, park, and clubhouse. Location is everything-you'll love being close to shopping, dining, and top-rated schools.
Don't miss your chance to own this gem in a sought-after neighborhood. The perfect mix of space, style, and location-ready for its next family to call it home!
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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 |
|---|---|---|---|
| Oct 10, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 28, 2025 | Listed by Corcoran Prestige Realty | $285,000 | |
| Listed by Corcoran Prestige Realty | |||
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About Canyon Village at Cypress Springs
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$2,495 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017