7422 COPPER MESA
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%.
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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 |
|---|---|---|---|
| Apr 2, 2024 | Sold | ||
| Sold | |||
| Jan 19, 2024 | Listed by People First Real Estate | $235,000 | |
| Listed by People First Real Estate | |||
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Spacious 5 bedroom, 3 full bath home located on the Northeast side just across the highway from JBSA Randolph and minutes from The Forum shopping center. Primary bedroom features ample walk-in closet and sitting area. Guest bedroom located downstairs for privacy. Walk-in closets in all bedrooms. Comfortably entertain large groups with 3 living areas, 2 down and 1 up, and open floor plan downstairs with view of large backyard. Armoire in upstairs bedroom, 2 Nest thermostats and Ring doorbell convey. Home is in need of painting, new carpeting and foundation repair. Previous foundation repairs are covered under a lifetime fully transferable warranty. Sales price has been discounted to allow for cost of non-warrantied foundation repairs. Warrantied foundation work plus discount from Perma Pier Foundation Repairs for non-warrantied work adds up to an additional savings of almost $8,000. Sold As Is, Seller will not make any repairs.
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| Nov 22, 2007 | Sold | ||
| Sold | |||
| Jun 10, 2006 | Listed by Full Circle Realty | $161,470 | |
| Listed by Full Circle Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017