114 PATTON WAY
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 |
|---|---|---|---|
| Aug 7, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| May 15, 2025 | Price Decreased |
$590,000
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Feb 20, 2025 | Listed | $600,000 | |
| Listed | |||
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Large and Expansive Estate Home in beautiful community of Patriots Glen in Elkton, Maryland. With over 5,000 SQFT of living space, this estate home boasts of 5 bedrooms, 5.5 baths, a fireplace, and 2 large owner's suites with huge walk-in-closets and a loft. The main level features solid hardwood flooring in foyer, living room and family room, and the rest of the main level is covered with newly installed LVP flooring except the tiled kitchen. Eat-in Kitchen with granite countertops and updated appliances. The upper level can be accessed by two stairs. New LVP flooring on stairs and on the upper level. The master suite features an expansive room (25x19) with a large walk-in closet (19x8) which is divided into two sections with petition wall in the middle. The master bath has a garden tub, double vanities, a stall shower and a toilet. The lower level has been finished with new LVP flooring and 3 areas for entertainment and gathering.
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| Jan 27, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017