4251 Paddock Lane
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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%.
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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 4, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by NextHome Premier Choice | $775,000 | |
| Listed by NextHome Premier Choice | |||
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5 Bedroom Home in Windsong Ranch! Home boasts two-story entry with 20 foot ceiling. Library with hardwood floors and French doors set at entry. Two-story family room and dining area with a wall of windows. Kitchen has an island with built-in seating space and a spacious walk-in pantry. Master suite with a wall of windows. Master bath has a double door entry, dual vanities, garden tub, a separate glass-enclosed shower and two walk-in closets. Upstairs game room and media room. Covered backyard patio. Three-car garage.
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| Dec 31, 2019 | Sold | ||
| Sold | |||
| Jul 18, 2019 | Listed by Jones-Papadopoulos & Co | $649,900 | |
| Listed by Jones-Papadopoulos & Co | |||
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Be a part of the world class lifestyle that is Windsong Ranch and enjoy the new 5 acre Crystal Lagoon! Better than new North facing home. Two story entry boasts 20 ft ceilings and stunning curved staircase. Home office, media, 2 story family room with fireplace and soaring wall of sliding glass windows. Master includes his and her custom walk-ins. Impressive chefs kitchen featuring white cabinets, huge island, 6 burner gas cooktop, double ovens and walk-in pantry. Interior designers dream with features like plantation shutters, hard woods, built ins, wood ceiling beams, multiple custom accent walls plus upgraded lighting fixtures. 3 car garage. Prosper ISD with no MUD or PID. Easy access to DNT. .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017