22 Penn Brook Ave
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 |
|---|---|---|---|
| Mar 3, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by Engel & Volkers By the Sea | $369,900 | |
| Listed by Engel & Volkers By the Sea | |||
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Perfect for first-time buyers, those looking to downsize, or savvy home buyers looking to expand, this cozy small ranch offers convenience and comfort. Located just minutes from downtown Georgetown, Penn Brook School, and I-95, this home is as practical as it is charming. Inside, you’ll find a quaint living room with a laundry room conveniently off to the side. The country-style kitchen features a charming breakfast bar, perfect for casual meals. Off the kitchen is a versatile bonus room that can easily serve as an office, dining area, playroom, or any space to suit your needs. Outdoors, the fenced-in area is ideal for dogs to run and play, while the back of the house boasts a garden area, patio, and firepit—great for relaxing or entertaining. All of this also includes a new roof, new water heater, partial siding and some windows - all replaced within the last year. This delightful property combines practicality and charm, making it an excellent opportunity.
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| Oct 1, 2015 | Sold | ||
| Sold | |||
| Dec 10, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017