16
Map
823 Cypress Boulevard #202
About This Property
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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 |
|---|---|---|---|
| Jul 23, 2025 | Sold | ||
| Sold | |||
| Jun 9, 2025 | In contract | - | |
| In contract | |||
| May 21, 2025 | Price Decreased |
$355,000
↓ $25K
(6.6%) | |
| Price Decreased | |||
| Mar 11, 2025 | Price Decreased |
$379,900
↓ $10K
(2.6%) | |
| Price Decreased | |||
| Feb 24, 2025 | Price Decreased |
$390,000
↓ $9K
(2.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/07/2025
|
3 Bed
|
2 Bath
|
1620 ft²
|
$399,000
3 Bed
2 Bath
1620 ft²
|
$327,000
-18.05%
07/23/2025
|
Natalia Hunter
Compass Florida, LLC
| |
|
03/12/2024
|
3 Bed
|
2 Bath
|
1585 ft²
|
$334,900
3 Bed
2 Bath
1585 ft²
|
$335,000
+0.03%
04/30/2024
|
Darren Impemba
Xcellence Realty
| |
|
10/30/2023
|
3 Bed
|
3 Bath
|
1713 ft²
|
$315,000
3 Bed
3 Bath
1713 ft²
|
$305,000
-3.17%
03/05/2024
|
Richard Nieves
PALM-AIRE Realty Group Inc.
| |
|
09/28/2023
|
3 Bed
|
2.5 Bath
|
1620 ft²
|
$365,000
3 Bed
2.5 Bath
1620 ft²
|
-
-
|
Dustin Joseph Berk
Compass Florida LLC
| |
|
01/21/2023
|
3 Bed
|
2.5 Bath
|
1620 ft²
|
$279,000
3 Bed
2.5 Bath
1620 ft²
|
-
-
|
Joseph Guerrero
Real Estate Sales Force
| |
|
11/10/2014
|
3 Bed
|
3 Bath
|
-
|
$177,900
3 Bed
3 Bath
|
$168,000
-5.56%
06/01/2016
|
Luis Cabrera
Eagle Homes Realty, Inc.
| |
|
11/07/2006
|
3 Bed
|
2 Bath
|
-
|
$239,000
3 Bed
2 Bath
|
$225,000
-5.86%
02/28/2007
|
David Alcott
Qwest Realty Services
|
Building Info
- 1 Unit for Sale
About Palm Aire
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$1,900 /mo
- 1 Bed
- 1 Bath
- 900 ft²
$3,000 /mo
- 3 Beds
- 3 Baths
- 1,620 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017