59 PADDOCK PLACE
About This Property
Relax on the large front deck and enjoy a backyard with mature trees. Two storage sheds provide great gear storage and workshop space. Quiet, small neighborhood with quick access to shops, restaurants, and commuter routes. Short term rental potential.
Features: main level bedroom, open concept, updated kitchen, quartz counters, stainless appliances, wood stove, LVP flooring, high speed internet Comcast Xfinity, large deck, backs to trees, two sheds, nearly 1 acre, no HOA.
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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 |
|---|---|---|---|
| Mar 27, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Price Decreased |
$335,000
↓ $15K
(4.3%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$350,000
↓ $15K
(4.1%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by Dandridge Realty Group, LLC | $365,000 | |
| Listed by Dandridge Realty Group, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017