12 Patrick Road #12
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 14, 2014 | Sold | ||
| Sold | |||
| Feb 8, 2014 | Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | $229,900 | |
| Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate | |||
| | |||
|
Well maintained 2 bedroom 1.5 bath townhouse located in the desirable Carter Green subdivision. This condo features a formal dining area with chair rail and bay window, large living room with recessed lighting and sliders to private deck. Master bedroom with duel closets and master bath. Hardwood flooring throughout the first and second floor, new forced hot air by gas heating system, new A/C condenser. Farmers porch on front of building looks out to wooded area.
| |||
| May 18, 2010 | Sold | ||
| Sold | |||
| Mar 5, 2010 | Listed by Barrett Sotheby's International Realty | $227,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| Oct 23, 2003 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/08/2014
|
2 Bed
|
1 Bath
|
1240 ft²
|
$229,900
2 Bed
1 Bath
1240 ft²
|
$230,000
+0.04%
04/14/2014
|
Jeffrey Borstell
J. Borstell Real Estate, Inc.
| |
|
03/05/2010
|
2 Bed
|
2 Bath
|
1240 ft²
|
$227,000
2 Bed
2 Bath
1240 ft²
|
$225,000
-0.88%
05/18/2010
|
Sheila Horne
Barrett Sotheby's International Realty
| |
|
06/25/2003
|
2 Bed
|
2 Bath
|
1240 ft²
|
$249,900
2 Bed
2 Bath
1240 ft²
|
$248,000
-0.76%
10/23/2003
|
Carol Scalesse
Century 21 Heritage
| |
|
06/09/2001
|
2 Bed
|
2 Bath
|
1240 ft²
|
$192,000
2 Bed
2 Bath
1240 ft²
|
$192,000
08/16/2001
|
Mary Ellen Ruffing
Coldwell Banker Residential Brokerage - Tewksbury
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017