7934 Cypress Edge 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%.
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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 |
|---|---|---|---|
| Mar 29, 2024 | Sold | ||
| Sold | |||
| Jan 25, 2024 | In contract | - | |
| In contract | |||
| Jan 10, 2024 | Listed by Corcoran Genesis | $280,000 | |
| Listed by Corcoran Genesis | |||
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Welcome home to 7934 Cypress Edge Drive located in Canyon Village at Cypress Springs and zoned to Cypress-Fairbanks ISD! This lovely KB Home features 3 bedrooms, 2 full baths, 1 half bath and an attached 2-car garage. As you open the front door you are welcomed by an open concept floor plan that will make entertaining a breeze. The stunning kitchen features dark stained cabinetry with light countertops, SS appliances and room for bar seating. The family room includes gorgeous flooring and large windows allowing the natural light to shine through. End your days in the primary suite. The primary bath includes a tub/shower combo with tile surround. Upstairs you will also find a game room and 2 secondary bedrooms. Don't forget to step out back for a view of the spacious backyard. You don't want to miss all this home has to offer! Check out the 3D tour and schedule your showing today!
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Property Highlights
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About Canyon Village at Cypress Springs
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017