85 Cypress Drive
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | In contract | - | |
| In contract | |||
| Jan 7, 2025 | Listed by Shine Realty Group | $454,900 | |
| Listed by Shine Realty Group | |||
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Newly renovated cape in south Mastic Beach! Enter into a spacious living room flooded with natural light. The living room flows right into the dining room with a slider to the backyard. Brand new kitchen with quartz countertops, shaker cabinetry, and stylish black stainless steel appliances. Large first floor primary with full bath directly across the hall. 2 large bedrooms upstairs & a brand new hall bath. This house sits high on the property with a covered front porch and fully fenced yard. Oil heat, first floor laundry, & brand new vinyl flooring throughout. Calling all boat and beach lovers! A third of a mile to Marina One and access to the Great South Bay. 7 Minute drive to Smiths Point Beach. Move right in and enjoy South Shore living!
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| Nov 4, 2013 | Sold | ||
| Sold | |||
| Aug 8, 2013 | Listed by Homeside Realty | $119,000 | |
| Listed by Homeside Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017