29683 Copper Ridge Road
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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 |
|---|---|---|---|
| Dec 4, 2017 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $429,999 | |
| Listed | |||
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Room for the whole family in this beautiful 6 bedroom 3 and 3/4 bath home. Family room with fireplace, kitchen with granite and stainless steel appliances, living and dining combo, huge bonus room, upstairs laundry, large master with walk in closet, 1 bedroom and 3/4 bath downstairs, intercom system, alarm, backyard has plenty of room for entertaining, and to top it off a 3 car garage.Located just minutes from parks, Menifee Lake, shopping, restaurants and Mt. San Jacinto College, this home is in an ideal Menifee location The manager has listed the unit size as 3324 square feet.
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| Aug 2, 2017 | Listed by Executive Home Rentals & Sales | $429,999 | |
| Listed by Executive Home Rentals & Sales | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017