501 PATTIE AVE
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 |
|---|---|---|---|
| Jan 31, 2022 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by RE/MAX MID-MICHIGAN R.E. | $89,900 | |
| Listed by RE/MAX MID-MICHIGAN R.E. | |||
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Turn key home with an up north vibe, featuring newer siding, windows, furnace and updated electric and kitchen. Large living room with high ceilings. Spacious updated kitchen with tons of cabinets and 42' uppers. Main floor laundry located in half bath. Patio, Detached 2 car garage. Fenced back yard. 2 lots. All of this located on the Northwest side of Jackson, outside of city limits. Blackman township.
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| May 14, 2015 | Sold | ||
| Sold | |||
| Apr 20, 2015 | Listed by COPP & COMPANY REAL ESTATE LLC | $24,395 | |
| Listed by COPP & COMPANY REAL ESTATE LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017