5553 Patton Drive
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 |
|---|---|---|---|
| Oct 14, 2023 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Price Decreased |
$154,900
↓ $5K
(3.1%) | |
| Price Decreased | |||
| Oct 4, 2023 | Listed by PPMG of Texas LLC | $159,900 | |
| Listed by PPMG of Texas LLC | |||
| | |||
|
Attention all fixer uppers! This 3 bed, 1 bath, 1 garage property boasts potential for the right investor looking to add to their portfolio. Patton Place has good bones, just needs some TLC.
SELLING AS-IS. Cash sale
Come view today! The manager has listed the unit size as 1034 square feet.
| |||
| Sep 28, 2023 | Sold | ||
| Sold | |||
| Aug 22, 2023 | Listed by Trinity Prairie Real Estate | $199,000 | |
| Listed by Trinity Prairie Real Estate | |||
Property Highlights
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Price/ft²
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About Historic Rosedale Park
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Currently no similar homes aroundNearby Rentals
$2,000 /mo
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$1,950 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017