8 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 |
|---|---|---|---|
| Oct 15, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by RE/MAX Tri County | $339,000 | |
| Listed by RE/MAX Tri County | |||
| Jan 20, 2020 | No longer available | - | |
| No longer available | |||
| Aug 18, 2019 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jul 15, 2019 | Listed | $260,000 | |
| Listed | |||
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Great new price for this ranch style home in peaceful neighborhood. This home is larger than it appears as there is a large family room addition with vaulted ceiling, cozy fireplace and open to the kitchen area. There are 3 nice size bedrooms with ample closet space. The roof is around 8 years new, with the HVAC replaced around 2 years ago. Home is being conveyed in as-is condition. Buyer to obtain CO The manager has listed the unit size as 1935 square feet.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017