151 Patton Lane
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 |
|---|---|---|---|
| Feb 14, 2023 | Sold | ||
| Sold | |||
| Dec 12, 2022 | Listed by RE/MAX Dallas Suburbs PM | $265,000 | |
| Listed by RE/MAX Dallas Suburbs PM | |||
| Dec 7, 2022 | No longer available | - | |
| No longer available | |||
| Oct 22, 2022 | Price Decreased |
$265,000
↓ $24K
(8.3%) | |
| Price Decreased | |||
| Oct 13, 2022 | Listed by Leslie Cain Realty, LLC | $289,000 | |
| Listed by Leslie Cain Realty, LLC | |||
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Remodeled 5 Bedroom 2 1/2 Bath, all new electrical, new roof, new water heater, new septic system, all new plumbing, new HVAC, all new windows installed, beautiful LVP flooring and Quartz counter tops. Come by and see the spacious updated home. Seller willing to pay up to $10,000 in closing cost with acceptable offer. The manager has listed the unit size as 1850 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017