12 Penelope 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 |
|---|---|---|---|
| Apr 16, 2024 | Sold | ||
| Sold | |||
| Mar 18, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed by Sotheby's International Realty - Sandwich Brokerage | $799,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
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Situated in Monument Heights, one of Monument Beach's most desired neighborhoods, this custom-built contemporary boasts a charming covered front porch and is tailored for convenient one-floor living. The open floor plan has a family room w/ vaulted ceiling, hardwood floors, gas fireplace, and French doors leading to a 3-season sunroom. The primary en-suite features a spacious walk-in closet. The kitchen is adorned with granite counters, ss appliances, a breakfast island, dining area & pantry. Additional amenities include a mudroom, laundry, and 2-car garage. The finished lower level offers a media room, workout area and a half bath. Nestled on nearly an acre lot with professional landscaping, it offers ample space for privacy & entertainment, complete with deck, outdoor shower, shed, irrigation, fire pit, & play area. Surrounded by conservation land and just 5 minutes to Monument beach. Gas heat, central A/C, an EV charging outlet, & a 4 BR septic system complete this remarkable home.
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| Dec 6, 2013 | Sold | ||
| Sold | |||
| Oct 4, 2013 | Listed by Sotheby's International Realty - Sandwich Brokerage | $449,000 | |
| Listed by Sotheby's International Realty - Sandwich Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017