1411 Patterson Street
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%.
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 |
|---|---|---|---|
| Aug 17, 2022 | Sold | ||
| Sold | |||
| Jul 21, 2022 | Listed by Compass RE Texas, LLCHeights | $475,000 | |
| Listed by Compass RE Texas, LLCHeights | |||
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MULTIPLE OFFERS - Highest and best by 10PM Thurs 7/28/22. Welcome to Washington Corridor! This single owner, 3 bed 3.5 bath home has been meticulously maintained and includes oak hardwoods throughout, granite c-tops and gas cooking in the kitchen, large primary suite with 20ft vaulted ceilings. Open floorplan great for entertaining and truly generous natural light throughout. Well-sized closets. NO STUCCO! Freshly painted interior walls June 2022. With a walk score of 80, you will enjoy living minutes from Houston's Heights, Downtown, Midtown, Montrose, Memorial Park. Restaurants, lounges and recreation galore within a few minutes - ask for the list! Who needs a private yard when you have a park across the street?! Additional features rare for this area: street parking, curbed and sidewalk street, private walk-up gate for guests - no winding walkways, and views of greenery from the park outside your front windows. NO FLOODING. HOA includes grounds maintenance. Welcome home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017