5738 Copeland
About This Property
Step inside and the attention to detail is immediately apparent. The open floorplan centers around an impressive chef's kitchen featuring locally crafted custom cabinetry, granite counters, upgraded appliances and a massive island with eating bar. Custom tile bathrooms, upgraded luxury vinyl plank flooring, French doors, quality ceiling fans, abundant closet space with built-ins and custom paint further set this home apart. The spacious primary suite features a curbless shower, while the oversized laundry room offers extensive cabinetry, large granite work counter, laundry sink, stackable washer and dryer, plus an adjacent half bath.
But step outside and you'll discover what may be the most special part of this property. Unlike the blank-slate landscaping often found with newer homes, these grounds have been transformed into an eclectic collection of gardens, gathering spaces and special plantings that make exploring part of the experience. Wander beneath the willow and rose arch, pick blackberries, tend the greenhouse, discover the whimsical "rust garden," or enjoy citrus, olives, lilacs, oaks, pear and the family orchard. Around every corner is another planting, garden space or unexpected detail, giving the property a personality and maturity rarely found with a newer home.
Outdoor living blends naturally into the gardens with a covered front porch, large side deck and expansive rear deck with pergola, creating wonderful spaces for entertaining, relaxing or enjoying the surroundings. A generous side driveway leads to the detached garage, while an oversized, well-built detached shed provides even more versatility.
Designed with both personality and resiliency in mind, the home also features a metal roof, tankless on-demand water heater and thoughtful touches throughout. This property manages to feel newer yet established, polished yet eclectic, and thoughtfully designed without feeling ordinary. More than a beautiful home on over an acre with room for all the toys, RV or boat, it is a place with a personality all its own and something special waiting around every corner.
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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 27, 2026 | Price Decreased |
$390,000
↓ $29K
(6.9%) | |
| Price Decreased | |||
| Oct 5, 2026 | Listed by American Homes and Land | $419,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017