5 Charles Patten Drive
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 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 9, 2025 | Price Decreased |
$467,000
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Oct 3, 2025 | Listed by Vega Realty, LLC | $487,000 | |
| Listed by Vega Realty, LLC | |||
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Welcome to 5 Charles Patten Drive, a charming home nestled in the heart of Sterling and surrounded by peaceful farmland. This property offers the perfect blend of character, privacy, and comfort. Step outside to a spacious yard with a stunning low maintenance waterfall feature that feels like your own private oasis. Beautifully landscaped to create a serene and inviting atmosphere. Inside, you’ll find three cozy bedrooms, one updated bathroom, and a bright sunroom ideal as a plant haven, reading nook, or playroom. The home also features a garage, basement, and a large attic that offers endless potential to expand your living space. With its warm, homey feel and thoughtful updates, this property is move-in ready while leaving room to make it your own. Perfect for those seeking tranquility and convenience, this home is ready to welcome the next chapter. Act quick before it’s gone! First showing will be at the open house on Sunday (10/05/25) 12 to 2 pm. Offers are due Tuesday at 6pm.
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| Jun 3, 2022 | Sold | ||
| Sold | |||
| Mar 15, 2022 | Listed by Kelley Real Estate | $389,900 | |
| Listed by Kelley Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017