408 COPLEY RD
About This Property
Come check out all of the possibilities that this property can offer! This three bedroom two full bath is ready for your love and creative ideas to restore this property back to something beautiful. Enter into the living room which has plenty of natural light and a fireplace. There is a formal dining area off of the living room. The kitchen has plenty of cabinet and counter space along with a stainless steel dishwasher, refrigerator and stove, there is also recessed lighting. There is a large family room with vaulted ceilings, plenty of windows and a sliding door out to the back yard and patio. There is a full bathroom on the first floor, right next to the downstairs bedroom which has two closets. There is a large laundry room , which also has plenty of storage space. The property has an enclosed patio which could make additional living space. There is a two car garage with automatic door openers and inside access to the home. Upstairs you will find two large bedrooms with plenty of closet space. The one bedroom has a walk-in cedar closet. both bedrooms have private access to the full bathroom. Outside you have a nice sized back yard which is fenced in. The property is located in a great neighborhood and is very close to shopping and major highways. Get your offer in today! The property is sold as-is, the buyer is responsible for all required certifications, inspections and repairs.
The seller will start reviewing offers after the property has been on the market for 8 days.
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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 30, 2024 | Sold | ||
| Sold | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by Keller Williams Realty - Cherry Hill | $299,900 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017