101 Penny Lane
About This Property
Brand new construction centrally located in Valparaiso! These Florida Cottages feature 2 bedrooms, 2 baths, in a new neighborhood. The exterior construction materials include painted Hardie Board, hurricane impact windows, a metal roof and brick skirt. The interior features granite counter tops, stainless steel appliances, LVP and recessed lighting. Other plans are available. Buyers to verify all deemed important information.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Apr 29, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $259,900 | |
| Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017