68 Patriot Place
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | Listed by SDH Raleigh LLC | $367,040 | |
| Listed by SDH Raleigh LLC | |||
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Smith Douglas Homes presents The McGinnis plan at Liberty Creek. The welcoming wide entry leads to a study that is perfect for a home office. Both the kitchen and family room live to the rear of the home, with convenient access to the huge backyard. Upstairs you'll find the spacious owner's suite and three secondary bedrooms, each with walk-in closets. A large secondary bathroom and ample laundry room are located off of the open loft. The spacious kitchen includes granite countertops, grey cabinets, tile back splash and stainless-steel appliances. Quartz vanity tops in all of the full bathrooms. Durable luxury vinyl planking throughout the main level living area. Construction has not started yet. Estimated completion date is July 2024.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017