2324 Paddington Way
About This Property
Recently remodeled, this home features a versatile floor plan with two primary bedroom options, making it ideal for multigenerational living, guests, or anyone looking for additional privacy and flexibility. Spacious room sizes throughout provide plenty of room for comfortable everyday living, entertaining, and working from home.
The property includes an attached 2-car garage, but the real standout is the additional detached 900-square-foot, 2-car garage. Already equipped with plumbing, electrical, and HVAC, this space offers tremendous possibilities for a workshop, home gym, office, studio, additional entertaining space, or future conversion depending on your needs.
With its recent updates, generous bedrooms, flexible layout, corner-lot setting, and approximately 900 square feet of additional climate-controlled garage space, 2324 Paddington Way offers a combination of functionality and versatility that is hard to find.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Sold | ||
| Sold | |||
| Sep 21, 2026 | In contract | - | |
| In contract | |||
| Aug 29, 2026 | Listed by Agents Of Texas, LLC | $599,000 | |
| Listed by Agents Of Texas, LLC | |||
| Oct 2, 2021 | No longer available | - | |
| No longer available | |||
| Sep 19, 2021 | Price Decreased |
$462,500
↓ $13K
(2.6%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017