8226 Cypress Way
About This Property
Featuring a NEW ROOF (2022), several NEW WINDOWS (all South facing 2023), and updated AC!!! With brand new vinyl flooring throughout the entry level, the home offers a fresh, classic feel. The open floor plan is perfect for family living and entertaining. The beautiful finished basement offers a relaxing living space and ample storage (plumbed for bath). Upstairs you will find a large landing perfect for play area or lounging. Primary SUITE provides a MASSIVE WIC with shower AND tub in the bathroom. Enjoy the tight-knit neighborhood setting with nearby park, pool and amenities. Easy access to Ann Arbor and DEXTER SCHOOLS!!! Move-in ready, this home combines comfort, style, convenience.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 17, 2025 | Sold | ||
| Sold | |||
| May 19, 2025 | In contract | - | |
| In contract | |||
| May 5, 2025 | Listed by Keller Williams Ann Arbor Mrkt | $415,000 | |
| Listed by Keller Williams Ann Arbor Mrkt | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017