50 Paddington Way
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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%.
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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 15, 2024 | Sold | ||
| Sold | |||
| Apr 13, 2024 | In contract | - | |
| In contract | |||
| Mar 14, 2024 | Listed by eXp Realty LLC | $390,000 | |
| Listed by eXp Realty LLC | |||
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Well maintained home located in the beautiful 55+ community of Windsor Lakes. This home highlights 2.113 square feet with two bedrooms and study/home office. The open concept Living, Dinning and large kitchen area comes with generous counter space, plenty of cabinetry for storage, and a large walk-in pantry. The primary retreat includes a generous en-suite bath w/ separate tub & shower. The Charming curb appeal with mature landscaping and large size backyard features the serenity one looks for in this community. A golf cart ride away from the Community Center where you can enjoy the lighted pickleball courts, bocce ball, heated pool/spa, fitness center, reading library & is the host to many community events & excursions.
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| Jun 30, 2022 | Sold | ||
| Sold | |||
| May 19, 2022 | Listed by Keller Williams Woodlands | $390,000 | |
| Listed by Keller Williams Woodlands | |||
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A fantastic opportunity that won't last long! Well maintained home located in the beautiful 55+ community of Windsor Lakes. This patio home highlights new interior paint throughout, new carpet, new can lighting, wood laminate floors & crown molding. Two bedrooms & additional flex room, perfect for hobbies, crafts or use as an office. Large central island kitchen w/ generous counter space, cabinetry, new faucet, new microwave & walk-in pantry. The spacious floor plan features a dedicated breakfast room, formal dining & large open concept family room. The primary retreat includes a generous en-suite bath w/ separate tub & shower. Charming curb appeal w/ mature landscaping. Large backyard w/ no rear neighbors! Minutes to the Community Center features lighted pickleball courts, bocce ball, heated pool/spa, fitness center, reading library & is host to many community events & excursions. Enjoys parks, paths & close proximity to world-class medical services, dining & shopping. 2018 roof.
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 90150215
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