4513 Copper Mountain Lane
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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 |
|---|---|---|---|
| Apr 29, 2024 | No longer available | - | |
| No longer available | |||
| Jan 24, 2024 | Sold | ||
| Sold | |||
| Jan 11, 2024 | In contract | - | |
| In contract | |||
| Dec 2, 2023 | Listed by Fathom Realty LLC | $625,000 | |
| Listed by Fathom Realty LLC | |||
| | |||
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Lovely single story brick home features 4 bedrooms, 2 living areas, 2 dining areas, 2.5 bathrooms and a 3 car rear entry garage. This home has been updated with hardwood floors, open floor plan with kitchen island, stainless steel Jenn Aire oven, gas stovetop, microwave and granite counter tops. Entertain family and friends in the large family room with gas fireplace or on the outdoor patio with outdoor living area. Shopping, schools and entertainment nearby. Major employers in the area include Texas Instruments, Raytheon, Collins Areospace, State Farm and General Dynamics. Close to George Bush and I75 for easy commute around DFW. Plano ISD The manager has listed the unit size as 2673 square feet.
| |||
| Nov 12, 2023 | Listed by Fathom Realty LLC | $625,000 | |
| Listed by Fathom Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017