3911 Padula 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 16, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | No longer available | - | |
| No longer available | |||
| Jun 6, 2024 | Listed by Nextgen Real Estate Properties | $589,000 | |
| Listed by Nextgen Real Estate Properties | |||
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Welcome to 3911 Padula Road! This stunning harbor-front property boasts 4 bedroom and 4.5 baths with high ceilings showcasing an abundance of natural light streaming through large windows. This popular two-story floor plan creates an open concept living while giving privacy and use to each room. The family room and kitchen creates a welcoming feel throughout the home with plenty of main areas for family and guests. The covered patio connects to the stair walkway that leads to your fenced harbor dock where you boat. Don't miss out on the opportunity to live in one of the few communities that allow you to drive your own boat throughout the neighborhood! Come take a look today.
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| Apr 26, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017