191, formerly 192 Patterson Street
About This Property
With original hardwood floors, doors, and hardware, plus thoughtful updates throughout, it's the perfect
blend of vintage charm and modern convenience.The main level includes 1 bedroom and bath, while upstairs
offers 2 more bedrooms and a bath. The basement features high ceilings, ideal for a studio or workshop.
A heated and cooled bonus room behind the house adds flexibility as an office, hobby room, or storage.
It's well-insulated, finished with LVP flooring and shiplap, and prepped for a mini-split system.
Included in the purchase price is a tiny home, which is personal property, perfect for guests, plus an RV
hookup for added convenience. Don't miss this magazine-worthy property with endless possibilities, all in
the heart of Saluda!
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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 |
|---|---|---|---|
| Apr 25, 2025 | Sold | ||
| Sold | |||
| Apr 8, 2025 | In contract | - | |
| In contract | |||
| Apr 3, 2025 | Price Decreased |
$600,000
↓ $50K
(7.7%) | |
| Price Decreased | |||
| Mar 23, 2025 | Price Decreased |
$650,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Mar 11, 2025 | Price Decreased |
$665,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017