16 Pattee Road
About This Property
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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 |
|---|---|---|---|
| Aug 1, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by STARKEY Realty, LLC | $329,900 | |
| Listed by STARKEY Realty, LLC | |||
| Oct 17, 2018 | No longer available | - | |
| No longer available | |||
| Oct 11, 2018 | Price Decreased |
$319,900
↓ $6K
(1.7%) | |
| Price Decreased | |||
| Oct 4, 2018 | Listed | $325,500 | |
| Listed | |||
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This home has many features found in homes price much higher. You have to visit the home and see for yourself. The use of lighting and upgraded fixtures is truly unique. It is not your ordinary cape home. 12 X 16 deck off Family room to a shaded backyard. The Garage under has a mechanics dream with glass opening up to the basement set up of tinkering. New Kitchen. Close to route 93, 213 and 495 for fast commute. (Home is undergoing refurbishment and some work may not be completed upon your visit. Please excuse the dust). The manager has listed the unit size as 1762 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017