1
Map
18 Patton Drive Aka Lot 22
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 |
|---|---|---|---|
| Jun 25, 2010 | Sold | ||
| Sold | |||
| May 8, 2010 | Listed by RE/MAX Advantage Real Estate | $975,000 | |
| Listed by RE/MAX Advantage Real Estate | |||
| | |||
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BRAND NEW architecturally designed 3450 SF Colonial with outstanding quality: grand 15X28 kitchen with Wood-Mode Cabinetry, living room with coffered ceilings, dining room with custom woodwork, 18X20 master BR suite w/ vaulted ceiling, gas fireplace, 3 closets one with custom wood shelving. Come see quality by master builder. Patton Drive is highly desirable cul de Sac just steps top rated school, train, fine dining, and Patton Park with its pool, tennis, + playground.
| |||
| Sep 15, 2009 | Sold | ||
| Sold | |||
| Jun 30, 2009 | Listed | $265,000 | |
| Listed | |||
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