0 PENMAN Road
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 |
|---|---|---|---|
| Dec 2, 2024 | No longer available | - | |
| No longer available | |||
| Jun 11, 2023 | Listed by 904 REALTY LLC | $550,000 | |
| Listed by 904 REALTY LLC | |||
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Less than ONE MILE TO THE OCEAN!! Almost an acre of land situated on the quiet and tranquil Hopkins Creek! Build-able marsh-front lot, 150 ft wide by 250 ft deep. Enjoy Florida how it was meant to be. Beautiful sunsets, marsh views, and nature all from your peaceful backyard. Wake up on the marsh with the egrets and eagles and enjoy amazing sunsets over the magnificent and serene creek! Ride your bikes to the beaches, restaurants and ''A'' rated schools! Build your dream house on this gorgeous waterfront lot. (Bring your own builder OR builder information available on request)
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| Nov 13, 2019 | Listed by WATSON REALTY CORP | $985,900 | |
| Listed by WATSON REALTY CORP | |||
| Mar 14, 2019 | Listed by WATSON REALTY CORP | $495,000 | |
| Listed by WATSON REALTY CORP | |||
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ONE MILE TO THE OCEAN!! Almost an acre of land situated on the quiet and tranquil Hopkins Creek! Build-able marsh-front lot, 150 ft wide by 250 ft deep. Enjoy Florida how it was meant to be. Beautiful sunsets, marsh views, and nature all from your peaceful backyard. Wake up on the marsh with the egrets and eagles and enjoy amazing sunsets over the magnificent and serene creek! Ride your bikes to the beaches, restaurants and ''A'' rated schools! Build your dream house on this gorgeous waterfront lot.(Bring your own builder OR builder information available on request)
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| Jun 11, 2018 | Listed by AMERICAN REAL ESTATE SOLUTIONS LLC | $645,000 | |
| Listed by AMERICAN REAL ESTATE SOLUTIONS LLC | |||
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INVESTMENT OPPORTUNITY! .91 Acre, DOUBLE SIZED Marshview lot, adjacent to Sunset Bay, with NO HOA FEES/REGS OR DEEDED SIZE RESTRICTIONS. Build in this upscale neighborhood, ONE MILE TO THE OCEAN, and close to EVERYTHING the BEACH AREA has to offer! ATTENTION DEVELOPERS! RES LD 3-7 UNITS PER AC - Owner is willing to sell SUBJECT TO ... Lots of possibilities, with none of the restrictions of an HOA!!! Motivated Seller is willing to talk, so let's make a deal. SELLER FINANCING MAY ALSO BE CONSIDERED! Make this one your next Project!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017