38 Patriots 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 |
|---|---|---|---|
| Jun 1, 2023 | Sold | ||
| Sold | |||
| Apr 23, 2023 | In contract | - | |
| In contract | |||
| Apr 9, 2023 | Listed by William Raveis R.E. & Home Services | $349,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Liberty Manor, a premier 55+ Active Adult Community. This 9 years young unit offers 1,501 square foot, energy certified home. There are 3 bedrooms, 2 full baths and 2 walk in closets. Kitchen has raised panel glazed oak cabinets, recessed lighting, dining room has a slider that opens up to a 10x12 screened in porch, with access to the outside and the storage shed. Laundry room has utility sink and houses the hot water tank and the furnace. Nickel light fixtures throughout, double hung windows, central air. Two-car insulated garage with decorative windows and upgraded vinyl cedar shake siding. Property is fully landscaped front yard. This luxury one floor living is waiting for you to enjoy the gorgeous 3500 sq ft community center that also has a fitness center, library, conference toom, kitchen and common room.
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| Sep 10, 2015 | Sold | ||
| Sold | |||
| Apr 10, 2015 | Listed by William Raveis R.E. & Home Services | $249,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Liberty Manor-Westfield's only Premier 55+ Active Adult Community. This brand new 1,501 square foot energy certified home has 3 bedrooms, 2 full baths, and 2 large walk-in closets. Kitchen has raised panel glazed oak cabinets, recessed lighting a slider out to a 10x12 maintenance free deck. Utility room with laundry sink. Brushed Nickel Light Fixtures throughout. Double hung windows. Central Air. Two- car insulated garage with decorative windows and upgraded vinyl cedar shake siding. Concrete Driveway and Fully Landscaped Front Yard. Downsize to luxury one floor living. Home comes with a full 15 Month Warranty! Gorgeous 3500 sq. ft. community center now open with fitness room, library, conference room, kitchen and common room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017