362 Patton 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 |
|---|---|---|---|
| Sep 25, 2026 | Price Decreased |
$420,000
↓ $280K
(40%) | |
| Price Decreased | |||
| Sep 3, 2025 | Listed by Beach Properties Real Estate | $699,900 | |
| Listed by Beach Properties Real Estate | |||
| May 23, 2023 | Listed | $1,000,000 | |
| Listed | |||
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Dreaming of a marina, boat storage or waterfront restaurant or even a dock? This property is calling your name! Two parcels are included in the sale. 331 feet of waterfront and 279 feet of road frontage. There is also 65 foot depth at the narrowest and 97 foot depth at the widest. The property is also protected by the St George sound barrier.
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| Mar 27, 2021 | No longer available | - | |
| No longer available | |||
| Mar 20, 2021 | Listed | $255,000 | |
| Listed | |||
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Two prime waterfront lots zoned commercial fishing in Eastpoint. The possibilities for your business plan are endless. Just a stones throw from the public boat launch with upcoming dredging of the channel, your maritime venture could be a future of dreams to reality, with two lots, the waterfront access is substantial as well as commercial viability and access to Patton Dr. and Hwy. 98.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017