9220 Point Cypress DRIVE
About This Property
Extra features: Ring Camera Front Door
TP-Link KASA Smart Switches and Dimmers throughout house
TP-Link KASA Smart Switches, Dimmers, and Color LED Bulbs in 5 bedrooms
Automatic Shades in 3 bedrooms
Automatic Curtains in Master Bathroom
Smart Door Lock (Front door + garage)
Smart HVAC Honeywell Home System
Sonos Home Audio Speaker System (House:Bedroom 1, Game Room,Bedroom 2, Master Bedroom+Bathroom, Outside (over fireplace area/entire covered area) (speaker+soundbar+sub+amp system in movie theater) + (sound bar in game room).
This is a rare opportunity to acquire a fully remodeled dream home in Cypress Point – a true must-see.
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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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2023 | Price Decreased |
$6,990,000
↓ $10K
(0.1%) | |
| Price Decreased | |||
| Oct 19, 2023 | Listed by WRA BUSINESS & REAL ESTATE | $7,000,000 | |
| Listed by WRA BUSINESS & REAL ESTATE | |||
| Jun 26, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017