5710 Patridge 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 |
|---|---|---|---|
| Nov 12, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by CB&A, Realtors- Southeast | $208,000 | |
| Listed by CB&A, Realtors- Southeast | |||
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Looking for that right piece of property to build the dream home you've always wanted? Here's your chance to do just that! The property is already setup with city water, city sewage, and electricity ran for your future new home. Those headaches and expense have already been addressed. Natural gas is also available. You have the opportunity for a neighborhood feel but also enough room to have that feeling of country living. Several new homes are being built in the neighberhood already too. Property sits in a highly desired Pearland area along with the benefits of the amazing school district. Conveniently located for 288 or Beltway 8 access. So bring those dreams of your future home and make them turn into reality!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017