406 Copeland Drive
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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 |
|---|---|---|---|
| Sep 9, 2021 | Sold | ||
| Sold | |||
| Aug 6, 2021 | Listed by Benson Property Group | $370,000 | |
| Listed by Benson Property Group | |||
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This home has room for EVERYTHING! Over 4,000 sq ft of spacious living just minutes from Cedar Hill State Park. Perfect for a work-from-home, school-at-home family! Room for crafts, offices, tons of storage with plenty of room for family and friends! 7 bedrooms, 3 full baths and powder room; 2 living areas; one formal living room downstairs, one living room upstairs; formal dining room, and eat-in kitchen. Kitchen has a center island and walk-in pantry. Master bedroom is downstairs with 6 bedrooms upstairs, one bedroom has an adjoining full bath; two bedrooms are joined with a Jack-and-Jill bath with private sinks. Rear entry garage. Nestled between I-20 and Hwy 67. Voluntary HOA. New Dishwasher coming.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017