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1948 Pattiz Avenue
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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 18, 2018 | Sold | ||
| Sold | |||
| May 30, 2018 | Listed | $669,000 | |
| Listed | |||
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This is the deal you have been waiting for! This four bedroom, two bath home with 1400 square feet of living area is perfect for a growing family or busy couple needing two offices. The baths include 12” tile flooring, tile tub surround and a beautiful pedestal sink in one and a nice vanity in the other. Inside the large kitchen you will find an abundance of Cherry wood cabinets, lots of beautiful solid surface counter area, recessed lights, tile flooring and a bar that opens to the dining area. Also included are a stainless steel sink, dishwasher, stove, fridge and microwave. Plus there is direct access to a laundry area inside the two car garage. The large formal living room and dining area include parquet flooring, plenty of light and a sliding glass door looking out to the back yard creating a perfect flow and a dramatic feel. Three of the bedrooms are bright and roomy with good size closets. The forth bedroom has had the closet removed to create a large and comfortable office/den. Out back features a quiet patio area, green grass, sprinklers and plenty of room for the kids. Additionally you get coper plumbing, updated electrical panel, dual pane windows two car garage and new exterior paint. All this is located in one of the most desirable areas of Los Altos with award winning schools, parks, shopping and freeway close without freeway noise. The manager has listed the unit size as 1399 square feet.
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| Apr 12, 2018 | Listed by Re/Max R. E. Specialists | $669,000 | |
| Listed by Re/Max R. E. Specialists | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017