12 SE Paddock Circle
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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 |
|---|---|---|---|
| May 2, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by RE/MAX Direct | $1,350,000 | |
| Listed by RE/MAX Direct | |||
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Custom Built 2008 Key West style pool home on a 1/3 acre lushly landscaped lot! Enjoy all the features you expect w/ a newer construction home - Impact windows & doors, volume ceilings, metal roof & CBS/concrete construction! Inviting rocking chair front porch is the perfect place to relax and enjoy. Double-door glass entry is the perfect introduction to this open concept floor plan. Dining room is open but separate and the bar area w/ beverage refrigerator is perfect for entertaining. Kitchen has plenty of work space, gas cooking and walk-in pantry. Plantation shutters, trim molding & custom lighting throughout. Split bedroom floor plan. Master bedroom has double walk-in custom closets & large bathroom w/ separate soaking tub. 4th bedroom (no closet) is being used as an office. Professional decorators touch unites all the spaces seamlessly. Large great room w/ trey ceiling has an expansive view of the backyard oasis. Huge lagoon-style heated pool w/ rock waterfall and jetted spa is vacation right at home! Screened-in for maximum enjoyment year round. Covered Summer kitchen is adjacent with built-in grill, bar seating & mounted TV. Propane tank for stove and grill, dryer, hot water, poolside tiki lights & generator w/ transfer switch. Driveway fits up to 10 vehicles - room for an RV, boat and plenty of side yard to built an out-building or guest house. Prime location in gated, Turtle Creek w/ 3 golf courses in golf cart range - membership available but not mandatory.
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| Jun 27, 2017 | Sold | ||
| Sold | |||
| Dec 19, 2016 | Listed by Margaret Sherman Lic. R.E. Bro | $556,000 | |
| Listed by Margaret Sherman Lic. R.E. Bro | |||
| Mar 7, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017