316 Patty Dr
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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Sep 20, 2025 | Price Decreased |
$995,000
↓ $20K
(2%) | |
| Price Decreased | |||
| Sep 6, 2025 | Price Increased |
$1,015,000
↑ $20K
(2%) | |
| Price Increased | |||
| Aug 14, 2025 | Listed | $995,000 | |
| Listed | |||
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This incredible light-filled mountain home offers peace, quiet, and natural beauty at every turn. Nestled in a serene setting with breathtaking views of Mount Blue Sky, towering trees, and dramatic rock outcroppings, it's a place where wildlife sightings are a daily joy-deer, elk, foxes, and countless bird species make frequent appearances. The private backyard patio, framed by lush landscaping, provides a perfect spot to unwind while taking in the mountain scenery. Thoughtfully designed gardens, including a tranquil Japanese garden and a vibrant rose garden with dozens of varieties, add to the home's charm and year-round appeal. Inside, the main level's open floor plan is enhanced by vaulted ceilings, skylights, hickory wood floors, and floor-to-ceiling windows that fill the home with natural light. A natural stone wood-burning fireplace anchors the living space, while the chef-worthy kitchen offers mountain views and stylish finishes. The second-level loft leads to the primary retreat, complete with custom built-in closets and an en-suite bath featuring heated floors and an oversized walk-in shower and bathtub. Cozy walk-out basement family room and a fourth bedroom provides space for all. Multiple outdoor living spaces, including a main-level deck and lower-level patio, provide abundant opportunities for entertaining or simply soaking up the mountain air. A large solar array powers the home entirely-even with an EV and remote work-resulting in an annual energy refund. Recent major updates include brand new front steps, a full cedar privacy fence, upgraded electric panel with EV charger, new septic system, deck replacement, exterior staining and painting, and extensive backyard landscaping. The property is just 10 minutes from Evergreen Lake and downtown Evergreen, and only 20 minutes from Echo Mountain Ski Area. With its stunning natural surroundings, modern upgrades, and peaceful location, this is a true Evergreen mountain gem.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017