629 Copper Beech Lane
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 |
|---|---|---|---|
| Jan 16, 2025 | Sold | ||
| Sold | |||
| Nov 27, 2024 | In contract | - | |
| In contract | |||
| Oct 4, 2024 | Price Decreased |
$549,900
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Sep 19, 2024 | Listed by Allen Tate/Wake Forest | $574,900 | |
| Listed by Allen Tate/Wake Forest | |||
| | |||
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$5000 paid closing costs for buyers! Better than New Construction because it's LOADED with upgrades. This completely move in ready home is located in the Kings Glen Community! It's hard to find such a meticulously maintained property that offers a perfect blend of modern style and key features including upgraded Wood Floors, Craftsman Trim, Quartz Counters, Pot filler, large Island, tasteful Lighting, Natural Gas Range with Hood, and large Butlers Pantry. Soft Close drawers and cabinets throughout! The living area offers a cozy Fireplace with a private backyard view, and home audio system/speakers. Dining Room is all decked out with Coffered Ceilings and Wainscotting. New Carpet throughout 2nd level! Primary Bedroom is spacious and the tile work in the ensuite is tastefully done. You will love the layout of the Double Closet with passage to Laundry area! Closet easily added to 4th bed/flex/office. Lots of overhead Storage in Garage. The Screened Porch will be a favorite spot this time of year and you can't beat the prime location! Pool community and close to Downtown, shopping, dining and all Wake Forest has to offer including a path directly to the reservoir!
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| May 21, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017