5 Patrick Road #5
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 6, 2022 | Sold | ||
| Sold | |||
| Mar 29, 2022 | Listed by Chinatti Realty Group, Inc. | $419,900 | |
| Listed by Chinatti Realty Group, Inc. | |||
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Well-maintained END UNIT townhouse at the highly sought after Carter Green! Recent updates include new hardwood floors and carpet on the main level, new LED lighting & switches throughout, and the heating system was replaced 4 years ago. The main level includes an updated kitchen with stainless steel appliances within 3 years old, a dining room, and living room featuring a slider to the deck, a storage closet, and a half bathroom. The upper level includes 2 large bedrooms with plenty of closet space, full bath, and conveniently located in-unit washer & dryer. Other amenities include tennis court, club house and easy access to additional guest parking. Great location with easy access to 93/495.
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| Dec 9, 2016 | Sold | ||
| Sold | |||
| Nov 3, 2016 | Listed by Coldwell Banker Realty - Chelmsford | $260,000 | |
| Listed by Coldwell Banker Realty - Chelmsford | |||
| Apr 20, 2011 | Listed by ERA Andrew Realty | $219,900 | |
| Listed by ERA Andrew Realty | |||
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Looking for a unique unit at Carter Green? This property offers a large family room in the finished basement! Open and airy living room w/ new slider to deck. Brand new carpets just installed, new electric stove April 2011, and new windows in Nov 2010. Painted in warm earthtone colors.The association recently vinyl sided the property, paved the road & parking areas and installed new roof! This unit is on the less populated side with guest parking right out front. What are you waiting for?
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/29/2022
|
2 Bed
|
2 Bath
|
1240 ft²
|
$419,900
2 Bed
2 Bath
1240 ft²
|
$450,000
+7.17%
05/06/2022
|
Erik Taber
Coco, Early & Associates
| |
|
11/03/2016
|
2 Bed
|
2 Bath
|
1240 ft²
|
$260,000
2 Bed
2 Bath
1240 ft²
|
$254,000
-2.31%
12/09/2016
|
Louise Bartolo
RE/MAX Andrew Realty Services
| |
|
04/20/2011
|
2 Bed
|
1 Bath
|
1490 ft²
|
$219,900
2 Bed
1 Bath
1490 ft²
|
-
-
|
Louise Bartolo
RE/MAX Andrew Realty Services
| |
|
03/26/1998
|
2 Bed
|
2 Bath
|
1600 ft²
|
$132,900
2 Bed
2 Bath
1600 ft²
|
$132,900
05/28/1998
|
Paul Carney
Coldwell Banker Residential Brokerage - Lexington - 76 Bedford St.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017