122 Paddock Drive
About This Property
(on a 6+ acre total parcel), adorned with walking paths, streams and a creek all backing to preserved land. Imagine your family being able to enjoy your own woods, catch frogs, watch the deer and enjoy nature
at its best. Walk or ride bikes around the neighborhood, to the local Township park and even to the new Kinkora Trail System. So much to do in this wonderful small community! This 4 bedroom, 2.5 bath gem
features a first floor office, a large open kitchen adjoining the 15x23 family room accentuated by a woodburning stone fireplace, vaulted ceiling and skylights. A Bose' built-in surround sound system provides background music to the entire first floor and expansive deck. The 13x25 country kitchen features beautiful granite countertops, a Dacor stove top and Gaggenau steamer on a large island with plenty of room to entertain either inside or outside. Built-in stainless-steel wall oven with microwave (2018) and a new Stainless-Steel refrigerator (2020) complete the package. The formal living and dining rooms are adorned with crown molding, chair rail, embossed wallpaper and custom draperies. Upstairs, the master bedroom suite showcases a custom tiled bath featuring a large walk in shower with dual showerheads, an oversized Bancroft Bubble Massage tub, supersized vanity with double sinks and a large walk
in closet. 3 other bedrooms and another full bath complete the upstairs. The partially finishedbasement includes a craft room, work out room, playroom and storage area. New Heater/AC systems(2012), 240 V socket for electric car in garage. A one year home warranty is even added for extra peace of mind! Come see all this special home has to offer!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 22, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2020 | Listed by ERA Central Realty Group | $589,000 | |
| Listed by ERA Central Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017