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4212 E PATRICK Court
About This Property
Pool, oversized cul-de-sac lot, dedicated home office, and pickleball right across the street. Plus, enjoy the peace of mind of newer roof, A/C, windows and pool upgrades. All in a convenient Gilbert location near shopping, dining and the Loop 202.
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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 |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$624,500
↓ $400
(0.1%) | |
| Price Decreased | |||
| Oct 10, 2026 | Relisted | $624,900 | |
| Relisted | |||
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Aug 25, 2026 | Listed by Realty ONE Group | $624,900 | |
| Listed by Realty ONE Group | |||
| Feb 13, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017