1120 Patterson Street
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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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by BHGRE Gary Greene | $350,000 | |
| Listed by BHGRE Gary Greene | |||
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Great 2/2/2, two story, single family home w/ large backyard is located in a quiet, gated community in Rice Military/Washington Corridor/Historic West End. This well maintained, move-in ready, light & bright home offers a spacious, open concept living area w/ high ceilings & hardwood floors. The openess of the living room, dining area & kitchen create a wonderful space for easy living & entertaining. The kitchen boasts granite countertops & a nice-sized pantry. The large primary bedroom area offers hardwoods, high tray ceilings, a walk-in closet & an ensuite bath w/ separate vanities & a large shower w/ dual rain shower heads. On the 1st floor is another primary suite w/ full bath & huge walk-in closet/storage area. The backyard offers a covered patio that leads to a nice sitting area w/ large shade tree & spacious greenspace. Fabulous location - 1 mile to Memorial Park, Allen Pkwy/Buffalo Bayou. Walk or bike to coffee, bars, eateries, shopping, dining & entertainment. Welcome home!
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| Jun 7, 2019 | Sold | ||
| Sold | |||
| Apr 4, 2019 | Listed by Jenkins Realty | $310,000 | |
| Listed by Jenkins Realty | |||
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This fabulous Washington Corridor townhome located in a private gated community is waiting for you! Less than 10 minutes from downtown and within walking distance from Washington restaurants, shopping, and bars. You could not ask for more convenient living. This home offers updated amenities including hardwood floors, open concept living, high ceilings, large walk-in closets in all bedrooms, plenty of green space in the backyard with a covered patio. First floor bedroom has sizable en suite bathroom and access to the backyard. Granite counter tops, and large island breakfast bar open to the spacious living room make this home perfect for entertaining! Second story master bedroom has beautiful high tray ceiling and large en suite bathroom with granite counter tops and double sinks. Per seller HOA fees cover water, trash, and maintenance of common areas. All appliances included.
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About Central Houston
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017