5302 Patterson Road
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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 |
|---|---|---|---|
| Nov 3, 2020 | Sold | ||
| Sold | |||
| May 17, 2020 | Listed by Keller Williams Hou Preferred | $195,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Are you looking for a place to build your forever home? This is it, just under 2 acres of land ready for your custom home. Property is located outside of the 500 year flood plain. Existing utilities include Water well, septic tank and electrical. Also includes metal building with large covered patio. Fully fenced and cleared. Call to schedule a showing today!
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| Feb 28, 2019 | Sold | ||
| Sold | |||
| Jan 11, 2019 | Listed by Realty Associates | $154,900 | |
| Listed by Realty Associates | |||
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Owner-agent. 1.78 acre tract per new survey. Appraisal district shows 2.38 acres (0.6 acres dedicated to city R.O.W. and utility easements). Property is high and dry (outside of 500-year floodplain), with gate access to both frontage roads. Property has a new plat, and is fenced and cross-fenced with a working well and electricity on back acre, and a 960 sq ft metal building and septic on front acre. Property is listed at land value only, as-is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017