7106 PATTERSON STREET
About This Property
The fully finished lower level is a true highlight, with brand-new flooring throughout and a sprawling rec room-perfect for entertaining. Two versatile rooms on this level can serve as guest bedrooms, a home office, or additional play spaces. A full bathroom, convenient laundry area, and wet bar with plenty of storage further enhance this level's functionality. The new HVAC system ensures year-round comfort.
Set on a spacious corner lot with off-street parking, this home offers both privacy and convenience. Its prime location near major highways, shopping, and parks strikes the perfect balance between peaceful suburban living and easy access to urban amenities.
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | Listed by LuxManor Real Estate, Inc | $469,900 | |
| Listed by LuxManor Real Estate, Inc | |||
| Dec 6, 2024 | Sold | ||
| Sold | |||
| Nov 20, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Long & Foster Real Estate, Inc. | $325,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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BRING YOUR VISION. HOME IS READY FOR REMODEL AND UPGRADES.HARDWOOD FLOORS ON MAIN FLOOR LIVING ROOM & BEDROOMS. FULL BATH ON MAIN LEVEL WITH LOADS OF CLOSET SPACE. EAT IN KITCHEN LOVINGLY CARED FOR WITH OLDER APPLIANCES. BASEMENT IS IN NEED OF COMPLETE RENOVATION BUT HAS AN ABUNDANCE OF POTENTIAL. SOLAR PANELS ARE LEASED WITH INFORMATION IN DISCLOSURES. PRICED BELOW MARKET DUE TO CONDITION.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017