2804 Paddington Drive
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%.
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 |
|---|---|---|---|
| Mar 19, 2021 | Sold | ||
| Sold | |||
| Feb 13, 2021 | Listed by Coldwell Banker Realty Frisco | $595,000 | |
| Listed by Coldwell Banker Realty Frisco | |||
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Hard-to-find one-story home in coveted Willow Bend West for under $600k! This cul-de-sac home has been updated from top to bottom with the perfect floorplan for any buyer. Private master has remodeled bathroom and overlooks pool. Kitchen is a chef's dream with commercial-grade gas range, SS appliances, island. Two secondary rooms split from master, with J&J bath, and fourth bedroom with its own bath offers tons of privacy. Sunroom overlooking pool works great for a study or playroom. Tens of thousands of dollars in updates (see supplements), including pool reno, glass-tile gas fireplace, updated countertops. Seller needs leaseback thru April 20. MULTIPLE OFFERS RECEIVED, HIGHEST AND BEST DUE FEB. 28 AT 4 PM
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017