248 Copper Trace
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 |
|---|---|---|---|
| May 13, 2020 | No longer available | - | |
| No longer available | |||
| Apr 17, 2020 | Listed | $595,000 | |
| Listed | |||
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***New construction home set to be completed end of 2020!*** Great one story, open floor plan. Located in the very popular subdivision of Copper Ridge. Home has 4 bedrooms with 3.5 baths and office/study, metal roof, 3 Car garage, fireplace, mudroom, beverage bar, and so much more! Upgraded features throughout the home, walk-in closets in all rooms, oversized laundry and pantry, covered patios, and an amazing Master Bedroom suite and bath. Come see this home today!!! ***Photos are being used from similar floorplan that has been completed*** The manager has listed the unit size as 3206 square feet.
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| Apr 14, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by Fore Premier Properties | $80,000 | |
| Listed by Fore Premier Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017