550 Copper Canyon Road
About This Property
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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 |
|---|---|---|---|
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
| Aug 16, 2020 | Listed by Chateau Realty | $450,000 | |
| Listed by Chateau Realty | |||
| Jul 9, 2020 | Listed | $269,000 | |
| Listed | |||
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1.47 ac Lot #2 available in the BRAND NEW gated community of Boots' Ranch conveniently located on Copper Canyon Rd. Beautiful scenery encompasses the entire neighborhood. Enjoy a beautiful panoramic view from anywhere you stand in the subdivision. Excellent commute from dining, entertainment, schools, DFW airport and major freeways. This lot is ready for your custom home with a country lifestyle while enjoying so many amenities within a short drive. Utilities will be brought to the property. Individual septic, deed restricted. Survey and plat are available. Taking contracts for reservations. Permits to build should be ready within 90 days. Don't miss this amazing opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017