635 W Paddock Drive
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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%.
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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 |
|---|---|---|---|
| Jul 10, 2024 | Sold | ||
| Sold | |||
| May 16, 2024 | Listed by Jameson Sotheby's International Realty | $415,000 | |
| Listed by Jameson Sotheby's International Realty | |||
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Move in ready home in a great location. New kitchen with ample cabinet space, quartz counters, stainless appliances, breakfast bar and room for a table. Large first floor family room with engineered wood flooring, custom blinds and sliders to deck and fenced yard which backs up to the bike path. Spacious living room and a separate dining room both with hardwood floors. First floor laundry and updated half bath. Upstairs features 3 good sized bedrooms with lots of closets and refinished hardwood floors. Huge primary bedroom has walk-in closet. Full bathroom with double sink, shower and tub. There are ceiling fans in all bedrooms. Whole house freshly painted. Newer siding and roof. There is a sump pump in crawl space and newer hot water tank. Shed in yard for additional storage. 2 car attached garage with more storage space as well as additional parking spaces on driveway. Conveniently located close to schools, parks, grocery stores, banks, and expressways.
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| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 23, 2022 | No longer available | - | |
| No longer available | |||
| Oct 21, 2022 | Listed by Keller Williams Realty Ptnr,LL | $334,900 | |
| Listed by Keller Williams Realty Ptnr,LL | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017