59 Paddock Way
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 |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Mar 9, 2020 | Listed by New Seabury Sotheby's International Realty | $899,000 | |
| Listed by New Seabury Sotheby's International Realty | |||
| Oct 5, 2019 | No longer available | - | |
| No longer available | |||
| May 28, 2019 | Price Decreased |
$995,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Mar 1, 2019 | Listed | $1,095,000 | |
| Listed | |||
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Spacious Contemporary Cape situated on a nicely landscaped wooded lot that provides privacy for all your outdoor entertaining. This home has been expanded and has had many upgrades. First floor includes a bright sunlit kitchen with granite counter-tops, stainless steel appliances, powder room, laundry, living room with gas fireplace, den plus a large Master suite. Upstairs consists of three guest bedrooms, three baths, large great room, which could be used as possible media/game room or office/ studio. To top it all off this home has a hard to find heated 3 car garage. Additional features include several radiant heated floors, outside shower, 2 low maintenance decks, irrigation which is well feed and whole house generator. Plenty of room for a large in-ground pool. The manager has listed the unit size as 4455 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017