4945 Paddock Drive
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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 |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Dec 6, 2022 | Listed by Berkshire HathawayHS Worldwide | $475,000 | |
| Listed by Berkshire HathawayHS Worldwide | |||
| Jul 30, 2017 | Listed | $316,900 | |
| Listed | |||
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Gorgeous modern home. Completely updated home with modern touches through out. Fresh paint and brand new flooring that greet you at the front door. Freshly updated kitchen with gorgeous back splash and updated cabinets. Master bath has had a complete remodel, from brand new bath tub to vessel sinks, the master bath is sure to please! Listing agent is operating member of owing LLC. The manager has listed the unit size as 2810 square feet.
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About Heritage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017