5316 PATTERSON STREET
About This Property
Cozy large master bedroom has a separate shower and dual bowl vanity! Rent out the lower level that has a finished basement with separated entrance 2 bedrooms and a full bath and kitchenette! Vaulted ceilings on main level entry way to formal living and dining rooms!
Bonus shed in the backyard has been furnished as a room. Large back yard with private decking! Home exterior has been repainted recently and deck stained, NEW hot water heater. All appliances stay! This popular desired Riverdale location, home has it all! As is condition.
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Cap Rate Calculator
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 11, 2023 | Sold | ||
| Sold | |||
| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
| Nov 19, 2022 | Price Decreased |
$380,000
↓ $35K
(8.4%) | |
| Price Decreased | |||
| Nov 5, 2022 | Price Increased |
$414,900
↑ $35K
(9.2%) | |
| Price Increased | |||
| Oct 27, 2022 | Listed by Bennett Realty Solutions | $380,000 | |
| Listed by Bennett Realty Solutions | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017