2232 PENNINGTON ROAD
About This Property
The home features three generously sized bedrooms and two full bathrooms, providing plenty of room for everyday living. The bright and inviting interior offers a solid foundation to personalize and make your own, while the large windows allow natural light to fill the space. Whether you're entertaining guests or enjoying a quiet evening at home, this property offers the flexibility and comfort today's buyers are looking for.
One of the home's standout features is the full basement, offering endless possibilities for future expansion. Finish the space to create a family room, home office, gym, recreation area, or additional living quarters to suit your needs. With its attractive price, desirable location, and untapped potential, this Ewing home is a fantastic opportunity you won't want to miss.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Sold | ||
| Sold | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by HomeSmart First Advantage Realty | $385,000 | |
| Listed by HomeSmart First Advantage Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017