5 Patricia Avenue
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, 2023 | Sold | ||
| Sold | |||
| Aug 9, 2023 | Listed by Ruffner Real Estate, LLC | $585,000 | |
| Listed by Ruffner Real Estate, LLC | |||
| | |||
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Nicely maintained four bedroom home in a desirable Exeter neighborhood. Open concept kitchen and living room. Formal dining room with lots of natural light and vaulted ceilings and beams leads directly to the large back deck. Three bedrooms and full bath on 2nd level. Extra large rooms on the first floor being primary bedroom en suite with 3/4 bath and spacious family room. Outdoor workshop and storage as well as a shed. Easy access to major commuting routes, downtown Exeter, PEA, Amtrak, and shopping.
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| Oct 1, 2021 | Sold | ||
| Sold | |||
| Sep 6, 2021 | Listed by Ruffner Real Estate, LLC | $420,000 | |
| Listed by Ruffner Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017