617 Patricia Road
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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 |
|---|---|---|---|
| May 10, 2021 | Sold | ||
| Sold | |||
| Apr 7, 2021 | Listed by Highpoint Real Estate Assc. | $267,000 | |
| Listed by Highpoint Real Estate Assc. | |||
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Highest and best by 5:00 pm Sunday April 11th This home is a treasure in a quiet neighborhood on an oversized lot in the HEB ISD. Ceramic tile entry with new Laminate flooring throughout. Updated hall bath with granite countertop. New 5 inch baseboards, entry doors and interior doors. Eat in Kitchen with stainless steel appliances and lots of cabinet. The backyard is massive with an updated wooden deck that has just enough shade. There is no shortage on room for backyard entertainment. Store your lawn equipment in a new 12X10 Shed. The side entrance has an electric gate. Great home that won't last long. Sold As Is.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017