314 Patrick 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 |
|---|---|---|---|
| Nov 16, 2016 | Sold | ||
| Sold | |||
| Sep 23, 2016 | Listed by Jones Harris Realty | $734,000 | |
| Listed by Jones Harris Realty | |||
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This very private elevated view home literally has too many upgrades to mention. Sellers have invested over $100K in a little over two years and now must move to Arizona due to family obligations. Home was custom built in 2011. Ironside park & local market within walking distance. Minutes to restaurants/shopping within Alpine or El Cajon. Very private location/corner lot…no neighbors behind or to the west of you. See SUPPLEMENTS for list of UPGRADES!!! Also, be sure to preview the virtual tour=XTRA PICS! Neighborhoods: Harbison Canyon/West Alpine Equipment: Garage Door Opener, Range/Oven, Water Filtration Other Fees: 0 Sewer: Septic Installed Topography: LL,GSL,SSLP
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| Apr 28, 2014 | Sold | ||
| Sold | |||
| Jan 28, 2014 | Listed by Keller Williams Realty | $635,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017