3118 Pennywell Lane
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 9, 2021 | Sold | ||
| Sold | |||
| Dec 13, 2020 | Listed by ECHOSTATE REALTY INC | $420,000 | |
| Listed by ECHOSTATE REALTY INC | |||
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Ready to move in! New heating system and 2 years old AC System, fresh interior paint, well maintained floor, granite counter tops, wood cabinet, upgrade lighting etc. Desired 5 bedrooms with master bedroom and guest suit down, high ceiling with big game room upstairs.Open island kitchen, formal dining, beautiful backyard, sweat pool with tropical waterfall, gorgeous patio include built-in stainless steel grill sets. Neat flower bed and full sprinkler system.Located in the heart of Cinco Ranch,minutes away from highway 99, commercial center and exampled Cinco Ranch schools.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017