804 Patterson Street
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 |
|---|---|---|---|
| May 8, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by Compass RE Texas, LLC | $685,000 | |
| Listed by Compass RE Texas, LLC | |||
| Jul 17, 2020 | Sold | ||
| Sold | |||
| Apr 13, 2020 | Listed by NB Elite Realty | $619,000 | |
| Listed by NB Elite Realty | |||
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New construction with 10'x30' yard, conveniently located walking distance to the hike/bike trails along Buffalo Bayou as well as to shops, restaurants and HEB on Washington Ave. Stunning architecture, thoughtful design and quality finishes set this home apart. Schedule a tour with the builder/agent for more details.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017