5 Paddock Place
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 |
|---|---|---|---|
| May 17, 2022 | Sold | ||
| Sold | |||
| Aug 8, 2021 | Listed by RE/MAX Benchmark Realty Group | $300,000 | |
| Listed by RE/MAX Benchmark Realty Group | |||
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Charming 1950's Ranch on 1.7 Acres in the Town of Newburgh waiting for you to call home. As you pull up to this circular driveway you are greeted by mature trees, lush landscaping & this picturesque home situated perfectly on the property. This 3 Bedroom home has a lovely open floor plan delivering easy options for renovations & upgrades. 5 Paddock Place retains some original details including fireplace, cast iron radiators, wood paneling & hardwood floors throughout. Easy to Age in place in this one-story home with a walk-out basement delivering possibility for an additional 800 SF of living space. The rooms are all generous sized. The property is flat, lush and one of the most private in Meadow Hill. This home has been in the same family since it was built when Meadow Hill was once all farm land. Commuter Location with access to I-84, NYS Thruway. 60 Min. to NYC. Enjoy the Hudson Valley's farmers markets, local wineries, hiking & so much more!
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| Jan 31, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017