3261 Penzance Avenue
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 |
|---|---|---|---|
| Dec 8, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | Listed by Aviara Real Estate | $1,550,000 | |
| Listed by Aviara Real Estate | |||
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This former model home displays thoughtful details at every turn. It's the largest floorplan in Village at the Park and boasts an incredible price per square foot BELOW $400. Designed to make the most of our incredible weather, this home has an abundance of windows, letting in soft, ocean breezes and loads of natural light. The spacious lay out features a charming living room, separate, formal dining room, lovely family room with fireplace and a gourmet kitchen. The kitchen showcases custom cabinetry, a gracious center island with prep-sink, walk-in pantry, butler's pantry, stainless-steel appliances, farm sink and soapstone counters. This space flows easily into the family room and is the ideal place for hosting family and friends. The home features 5 bedrooms, all with dedicated baths with one bedroom and bathroom on the first level. The staircase leads to an impressive bonus room/loft, which is perfect for a media room, playroom or spacious office. The beautiful primary suite offers a fireplace, private balcony and separate sitting room. The primary bath is beyond spacious and highly upgraded with dual vanities, soaking tub, separate shower and an incredible walk-in closet. This property sits on one of the largest lots in the community and features a private, oversized patio and lawn area. Mature and thoughtful landscaping provides a great outdoor living experience. The tandem 3 car garage has been partially converted into a music rehearsal studio and still affords significant storage space and room for a possible gym. Community highlights include two resort-like pools and spas, parks, sport courts, playground, fitness center, bike/walking paths, shops and RV parking. With its desirable location, resort-like amenities, and impressive features, this home offers the epitome of Southern California living.
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| Feb 12, 2021 | Sold | ||
| Sold | |||
| Nov 12, 2020 | Listed by Dilbeck Estates | $1,150,000 | |
| Listed by Dilbeck Estates | |||
| Sep 1, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017