488 Patricia Ln.
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 |
|---|---|---|---|
| Oct 11, 2019 | Sold | ||
| Sold | |||
| Oct 1, 2019 | No longer available | - | |
| No longer available | |||
| Sep 28, 2019 | Listed | $500,000 | |
| Listed | |||
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Beautiful family style home in a great neighborhood! So many high-end features and updates to home; Refinished original wood floors, new toilets, new plumbing, updated electric box (80 amp), crown molding throughout, new stove, granite counters with backsplash, newer fencing, newer roof, etc. This home has it all, enjoy the private backyard with large slab/grass area for entertainment. Maintained landscaping with active sprinklers. High quality custom Navajo stone fireplace. Such a beautiful home! Neighborhoods: Tromblee Terrace Other Fees: 0 Sewer: Sewer Connected Topography: LL The manager has listed the unit size as 1518 square feet.
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| Aug 14, 2019 | Listed by Coldwell Banker West | $500,000 | |
| Listed by Coldwell Banker West | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017