8 Patton 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%.
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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 |
|---|---|---|---|
| Aug 6, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2017 | Listed by Bay Colony Realty | $729,000 | |
| Listed by Bay Colony Realty | |||
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Convenient to train, school and town of Hamilton from this lovely Gambrel on over a half acre of land. Directly across the street from Patton Park and abutting Myopia Hunt Club. Home has an open concept , living room with fireplace, dining room, family room, kitchen, mud room and half bath on first floor. Three bedrooms and two baths on second level including a Master Suite. Large garage over which is a bedroom suite with a separate entrance, suitable for an au-pair. The backyard is quite spacious; there is a nice brick patio and an area that would be suitable for a pool if desired. Patton Drive is a dead end street and traveled mainly only by its residents.
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| Apr 21, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017