510 Copher Court
About This Property
This charming property offers 4 spacious bedrooms and 2 full bathrooms, perfect for comfortable living. The large living room, complete with a cozy fireplace, provides an inviting space for relaxation. There's also a formal dining room ideal for hosting gatherings, and a big kitchen with an informal dining area, perfect for everyday meals.
A sunroom overlooks the outstanding backyard, which boasts a 0.28-acre lot and a refreshing swimming pool, great for outdoor enjoyment. The roof is approximately 5 years old, and both the water heater and HVAC units are around 7 years old. The property has been well-maintained, and the seller is not aware of any needed repairs, only minor cosmetic updates are required to make it your own!
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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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 3, 2024 | In contract | - | |
| In contract | |||
| Sep 19, 2024 | Listed by Competitive Edge Realty LLC | $300,000 | |
| Listed by Competitive Edge Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017