124 PATTERSON DRIVE
About This Property
Inside, the home feels bright and airy with a crisp, new interior paint palette that provides the perfect canvas for your personal style. Durable laminate and tile flooring flow seamlessly throughout the entire home, offering both style and easy maintenance. The heart of the home has been thoughtfully updated, including new windows, to ensure a smooth transition for its new owners. You'll love the kitchen, now featuring brand-new appliances, while the bedrooms provide a cozy and modern retreat with updated finishes underfoot. Whether you're hosting friends in the open living spaces or relaxing after a long day, every inch of this home feels refreshed and rejuvenated.
Step outside to your own private oasis. The large backyard offers plenty of space for entertaining, pets, or play, and the screened-enclosed pool provides the perfect spot to cool off and unwind year-round while enjoying added comfort and protection.
Beyond the cosmetic beauty, this property delivers ultimate peace of mind with significant mechanical and structural updates. With a newer roof and newer AC system already in place, you can enjoy years of energy-efficient living without the stress of immediate maintenance or hidden costs. Situated in a prime location with easy access to local parks and the Polk Parkway, this turn-key property truly checks all the boxes.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Apr 1, 2026 | In contract | - | |
| In contract | |||
| Mar 25, 2026 | Relisted | $289,999 | |
| Relisted | |||
| Mar 4, 2026 | In contract | - | |
| In contract | |||
| Feb 9, 2026 | Listed by KELLER WILLIAMS TAMPA PROP. | $299,999 | |
| Listed by KELLER WILLIAMS TAMPA PROP. | |||
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About Ariana Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017