494 COPELAND RD
About This Property
Welcome to this single-family corner lot in the sought-after development known as Woodcrest in Fallston. This charming home boasts a welcoming exterior, situated on a corner lot with a flat yard offering plenty of space for outdoor enjoyment, a 2-car front entry garage, and mature trees lining the backyard. Step inside the inviting family room, complete with a cozy fireplace and an abundance of natural light. The nine-foot ceilings on the main level amplify the sense of spaciousness, particularly in the kitchen and family room areas.
The kitchen has 42-inch oak cabinets, an island, and ample space for a kitchen table. A convenient half bath is located off the kitchen, while a composite screened-in porch and deck provide tranquil views of the surrounding trees, ideal for relaxation or outdoor entertaining.
Head upstairs to the five spacious bedrooms, including a primary suite with cathedral ceilings and an updated ensuite bathroom for added comfort and privacy. The full hall bath was updated in 2022, bonus laundry room on the upper level.
The unfinished lower level offers a blank canvas with endless possibilities for creating a personalized space such as a theater room, recreation area, in-law suite, or home office. With three large windows and a wide staircase leading to the beautiful backyard, this area is filled with potential.
The home has been meticulously maintained by its original owners, with recent updates including a new roof installed in 2022, an HVAC system approximately 5-6 years old, a water heater approximately 5 years old, and a well pump approximately 8 years old. Both bathrooms were remodeled in 2022, the interior has been freshly painted in a neutral color scheme, and all new carpeting in the bedrooms.
Schedule a showing today to experience this beauty and prepare to fall in love with your new home.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017