491 Copper Hill Rd
About This Property
New Solar panels have been installed and are fully paid off. Wood burning stove keeps the home warm in the winter months.
This home has an assumable FHA loan with a rate of 2.375%.
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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 |
|---|---|---|---|
| Jan 7, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by Mountain Sky Realty | $550,000 | |
| Listed by Mountain Sky Realty | |||
| | |||
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Welcome to your mountain retreat! Nestled on a serene, expansive lot with breathtaking mountain views, this beautiful property is the perfect spot for those seeking tranquility and charm. Step inside and be welcomed by a cozy living room that exudes warmth, featuring charming wood plank walls, and an efficient wood-burning stove for those chilly nights. The kitchen is clean and spacious featuring white cabinetry, tile backsplash, stainless steel appliances, and ample counter space. The peninsula with a breakfast bar creates a perfect spot for casual dining or entertaining guests. With 2 bedrooms and 2 bathrooms, this home also offers a bonus space with direct balcony access, ideal for an office, studio, or additional guest space. Continue onto the balcony to soak in the awe-inspiring mountain views, a perfect backdrop for your morning coffee or evening leisure. For ultimate relaxation, unwind in your private hot tub while taking in the scenic vistas, or enjoy the outdoor sitting area complete with a fire pit, perfect for cozying up with loved ones under the stars. Detached oversized 1-car garage, provides convenience and extra storage. Whether you're enjoying the peaceful surroundings or entertaining friends and family, this property is sure to impress. Don't miss your opportunity to own this mountain-view gem! A true sanctuary of comfort and natural beauty!
New Solar panels have been installed and are fully paid off. Wood burning stove keeps the home warm in the winter months.
This home has an assumable FHA loan with a rate of 2.375%.
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| Sep 2, 2020 | Sold | ||
| Sold | |||
| Nov 29, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017