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50 Copper Creek
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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 |
|---|---|---|---|
| May 17, 2026 | Listed by Compass | $10,000,000 | |
| Listed by Compass | |||
| Oct 8, 2024 | Relisted | $10,000,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Feb 22, 2024 | Listed | $10,000,000 | |
| Listed | |||
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Nestled within the prestigious 24-hour gated and patrolled enclave of Shady Canyon, this custom estate epitomizes luxury living within a backdrop reminiscent of the Tuscan Vistas in Italy. Situated on a sprawling 28,009 sqft parcel, this magnificent residence boasts 5 bedrooms and 4 ½ bathrooms across an expansive 7,232 sqft of living space. Upon entering, you are greeted by a grand open air front entry courtyard enveloped by lush, mature landscaping, setting the tone for the opulence within. The home features a host of amenities, including a theater, executive wood-clad office, and an upstairs lounge, providing ample space for both relaxation and entertainment. For the automotive enthusiast, a motor court leading to the garage offers plenty of room for parking and storage. Inside, a bar and billiards room provide the perfect setting for social gatherings, while formal living and dining rooms exude elegance and sophistication. The master retreat is a sanctuary unto itself, boasting a spacious bedroom with a impressive fireplace, a stone-clad bathroom, a generous walk-in closet, and a balcony overlooking the picturesque surroundings. The heart of the home is the gourmet kitchen, which opens to a breakfast nook and informal living room centered around a real wood-burning fireplace, creating an inviting space for family gatherings and everyday living. Outside, the meticulously landscaped exteriors feature fine hardscapes and majestic pathways leading to a private, tree-lined backyard. A series of loggias and covered dining spaces with an outdoor kitchen, pizza oven and BBQ offer the perfect setting for al fresco dining and entertaining. Lounge spaces, a salt water pebble tech pool, and a spa provide resort-like amenities, while raised planter beds and mature citrus trees ensure an abundance of fresh fruit year-round. Additionally, a detached guest casita offers privacy and comfort for visitors, completing this unparalleled estate in the coveted country club community of Shady Canyon.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017