4285 Patrick Trace
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 |
|---|---|---|---|
| Apr 24, 2024 | Sold | ||
| Sold | |||
| Mar 25, 2024 | Listed by Atlanta Communities | $575,000 | |
| Listed by Atlanta Communities | |||
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Traditional home on Beautiful cul-de-sac lot in award-winning Simpson Elementary school district. This home offers a Beautiful updated Kitchen with Stainless Appliances, Butler bar with lots of cabinets, granite counters, island, eat in area, Vaulted Bead Board Ceiling, all overlooking FR. Vaulted LR, DR/office, 3 Bedrooms up, all Baths updated, Oversized Primary Suite, New Carpet, Beautiful Oversized Screen Porch with Bead Board ceiling, Deck, large flat yard, and so much more. No HOA Community, but nearby Swim and Tennis is available. Home is close to so many Shops, Restaurants, Schools and Simpson Wood Park that features a 223-acre Park with a small Chapel and Gazebo. Hardwood floors on the main level. Thank you for showing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017