38
Map
1126 PENMAN Road
About This Property
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[Recommended Lender will provide up to 1% of the loan amount towards closing costs, prepaids or rate buy down when working with them on this listing! This incentive is lender -funded and available when using the recommended lender - see flyer for more info]
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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 |
|---|---|---|---|
| Nov 3, 2026 | Sold | ||
| Sold | |||
| Sep 24, 2026 | In contract | - | |
| In contract | |||
| Sep 8, 2026 | Price Decreased |
$599,904
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Aug 25, 2026 | Price Decreased |
$614,904
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Aug 18, 2026 | Price Decreased |
$624,904
↓ $4K
(0.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Beaches
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 1 Bed
- 2 Baths
- 917 ft²
$6,996 /mo
- 3 Beds
- 3 Baths
- 1,889 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017