2007 PENMAN Road
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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 |
|---|---|---|---|
| Oct 6, 2023 | Sold | ||
| Sold | |||
| Jul 25, 2023 | Listed by WEICHERT REALTORS COASTAL CITY | $468,500 | |
| Listed by WEICHERT REALTORS COASTAL CITY | |||
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Seller will contribute 2.5% of sales price for rate buy down or closing/prepaids with an acceptable offer! Beautifully maintained, 3 bedroom home has beachy cozy feel though out. Open kitchen has access to the dining / living area and separate family room with a beautiful wood burning fireplace. Kitchen has bar seating and ready entertain in or outdoors!. Private large fenced backyard has lovely landscaping, makes it a perfect place to hang out with friends after a day at the beach!...got room for a pool? Yep, Plenty of space for that! Large He-Shed / She-Shed with electric adds additional space to work on projects....or store those bikes and surfboards! Double car carport and tons of storage. If you need additional space down the road, plenty of room to bui
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| Mar 1, 2023 | Listed by CENTURY 21 FIRST COAST | $475,000 | |
| Listed by CENTURY 21 FIRST COAST | |||
| Nov 9, 2022 | Listed by CENTURY 21 FIRST COAST | $549,900 | |
| Listed by CENTURY 21 FIRST COAST | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017