68 Patrick 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 |
|---|---|---|---|
| Jan 19, 2022 | Sold | ||
| Sold | |||
| Nov 13, 2021 | Listed by Meyer Real Estate, LLC. | $439,000 | |
| Listed by Meyer Real Estate, LLC. | |||
| Jun 9, 2017 | Sold | ||
| Sold | |||
| Mar 31, 2017 | Listed by Heart Homes Real Estate | $89,999 | |
| Listed by Heart Homes Real Estate | |||
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One of the best lots on the lake. Spacious. Gentle slope to water. Seawall. 200AMP electric service is at pole on the lot. Beautiful building site. Sunrise views. Quiet and peaceful. Driveway to RV site. 1000 gal. concrete septic tank/system installed 2009 or 2010. Black Lake is a 21 mile long lake with outstanding fishing and boating. Road does have a year round resident. May require some plowing to access this lot. RV has been set up on lot on gravel pad but is not included. Would sell with lot for additional $13,500.
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| Dec 20, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017