388 Patty Road
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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 29, 2026 | No longer available | - | |
| No longer available | |||
| Sep 18, 2025 | Listed by Greater Downtown Realty dba Keller Williams Realty | $595,000 | |
| Listed by Greater Downtown Realty dba Keller Williams Realty | |||
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Welcome to 388 Patty Road, a true mountain retreat set on just under five acres of picturesque land. This log cabin home blends rustic charm with modern comforts, offering three bedrooms and endless character. At its heart is a stunning multi-level stone wood-burning fireplace, soaring vaulted ceilings, and a spacious balcony that overlooks the open living areas below. Natural light pours in from skylights and expansive windows, highlighting the warmth of every hardwood surface.
The kitchen is designed for both function and style, featuring a double refrigerator, ample counter space, and a dining area that flows seamlessly into the main living room. The primary bedroom offers a unique loft space perfect for a quiet reading nook or home office, while walk-in closets add to the convenience. Downstairs, you'll find versatile basement space with plenty of room for storage, a game room, and an at-home bar complete with its own wood-burning fireplace—ideal for entertaining.
Outdoors, the property is every bit as impressive as the home itself. Multiple storage sheds, and even a tiny home create endless possibilities for hobbies, guests, or workspace. A fortress-style pavilion with carport serves equally well as a picnic area or covered parking. From every angle, you'll enjoy breathtaking views of the surrounding mountains and rolling hills, making this property a true escape from the ordinary.
388 Patty Road isn't just a house—it's a lifestyle. Whether you're searching for a full-time residence or a dream retreat, this cabin retreat delivers beauty, comfort, and unmatched serenity.
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| Oct 28, 2024 | Listed by United Real Estate Experts | $750,000 | |
| Listed by United Real Estate Experts | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017