871 Cypress Point Drive
About This Property
With Just A Short Walk, Golf Cart Ride, Or Drive To The Main Clubhouse. There Is So Much To See And Do In This Guard Gated Community. Activities Include: 2 -18 Hole Golf Courses (Championship & Executive), 2 Restaurants , Lounge W/entertainment, 3 Club Houses, 3 Pools (1 Indoor ), 3 Libraries, Fitness Center, Tennis, Billiard Room, 80+ Social Clubs - Yoga, Dancing, Cards, Tennis, Travel, Quilters, Art League, Sewing, International Culture, Genealogical Society, Garden, Photography, Singles, And A Lot More..... Blocks Away From Banning New Shopping Center, Close To Cabizon Outlet Center, Casino Morongo , Major Transportation & Palm Springs Is Just 30 Minutes Away, No Mello Roos - All This & More Makes This Home A Must To See. What Are You Waiting For? Join Us For The 'GOOD LIFE' At Sun Lakes!
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Jan 24, 2026 | In contract | - | |
| In contract | |||
| Jan 3, 2026 | Price Decreased |
$340,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
| Nov 10, 2025 | Listed by KELLER WILLIAMS REALTY | $360,000 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Motivated Sellers... All offers will be considered. Welcome home to Sun Lakes Country Club, one of the most desirable 55+ communities, where comfort, connection, and convenience come together. This beautifully updated home is light, bright, and thoughtfully designed for easy living. Natural light fills the open spaces, creating a warm and inviting atmosphere throughout. The open-concept floor plan flows seamlessly from the living room to the dining area and kitchen, perfect for entertaining or relaxing at home. The kitchen features brand-new stainless steel appliances, quartz countertops, and modern cabinetry, plus a cozy breakfast nook ideal for morning coffee or a good book. Recent updates include fresh paint, new flooring, updated lighting, new plumbing, and a brand-new HVAC system, giving you peace of mind and year-round comfort. At Sun Lakes, you’ll enjoy resort-style amenities like a championship golf course, clubhouse, swimming pools, fitness center, and countless social activities. Conveniently located near shopping, dining, and entertainment, this home offers the perfect balance of relaxation and an active lifestyle. Furniture is negotiable.
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| Feb 11, 2025 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017