14431 Paddock Drive
About This Property
Large 18x18, newly sealed, tile on the diagonal flows through all living areas with bamboo flooring in the master, and laminate and tile in other bedrooms. Wood moldings throughout the home, Gorgeous french doors (4 sets) equipped with accordion shutters led to the patio & heated pool,(child safety gate) and to one of the biggest backyards with all railed fence and two gates in Paddock Park. Well water for zoned sprinkler system, septic system both reduce expenditures to Village utilities for inside home water. Central to the home entertaining is the expansive eat-in kitchen area with a huge work island, a built-in buffet with extensive storage, and glass-fronted cabinets.
Can be sold completely furnished. FURNISHINGS ARE NEGOTIABLE.
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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.
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About Paddock Park of Wellington
Similar Homes for Sale
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$10,000 /mo
- 5 Beds
- 2 Baths
- 2,317 ft²
$8,500 /mo
- 3 Beds
- 2 Baths
- 2,374 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017