1111 Penny Ranch Lane
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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 |
|---|---|---|---|
| Feb 10, 2025 | Sold | ||
| Sold | |||
| Jan 25, 2025 | In contract | - | |
| In contract | |||
| Nov 13, 2024 | No longer available | - | |
| No longer available | |||
| Nov 12, 2024 | Listed by eXp Realty LLC | $440,000 | |
| Listed by eXp Realty LLC | |||
| | |||
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Welcome home to this stunning single-story home located in the desirable Anserra community. Boasting 4 bedrooms & 2 1/2 bathrooms, this spacious open-concept home is perfect for entertaining and can easily adapt to fit your family's needs. Enjoy the convenience of a home office with solid double doors that can also serve as a 5th bedroom + a formal dining room that can be transformed into a gameroom or additional entertainment space. The kitchen is a chef's dream with white cabinetry, quartz counters, stainless steel appliances, and a large island with bar seating. The living area is filled with natural light and features beautiful wood flooring. Retreat to the luxurious primary suite with a large walk-in shower, separate garden tub, double sinks, and walk-in closet. Step outside and relax on the large covered patio spanning the entire width of the home and enjoy the privacy of a backyard with no rear neighbors. Easy access to I-10 & Grand Pkwy. Zoned to Highly Acclaimed Katy ISD!
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| Oct 13, 2024 | Listed by eXp Realty LLC | $440,000 | |
| Listed by eXp Realty LLC | |||
| | |||
|
Welcome home to this stunning single-story home located in the desirable Anserra community. Boasting 4 bedrooms & 2 1/2 bathrooms, this spacious open-concept home is perfect for entertaining and can easily adapt to fit your family's needs. Enjoy the convenience of a home office with solid double doors that can also serve as a 5th bedroom + a formal dining room that can be transformed into a gameroom or additional entertainment space. The kitchen is a chef's dream with white cabinetry, quartz counters, stainless steel appliances, and a large island with bar seating. The living area is filled with natural light and features beautiful wood flooring. Retreat to the luxurious primary suite with a large walk-in shower, separate garden tub, double sinks, and walk-in closet. Step outside and relax on the large covered patio spanning the entire width of the home and enjoy the privacy of a backyard with no rear neighbors. Easy access to I-10 & Grand Pkwy. Zoned to Highly Acclaimed Katy ISD!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017