34 Penn Place
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 12, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Weichert Realtors-Forked River | $674,900 | |
| Listed by Weichert Realtors-Forked River | |||
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An absolute gem in the highly sought after Cranberry Hill section of Forked River. Brand new flooring throughout the entire downstairs. Large EIK and possible 5th bedroom located on the first floor. Upstairs offers 4 Bedrooms. The MB has a huge walk in closet and sitting area. The basement is mostly finished with plenty of storage options. Oversized driveway with an additional 15x33 paved space for your boat, trailer or camper with easy access to a 50 amp plug. The backyard has newer vinyl fencing surrounding the property, in-ground pool and large deck for entertaining. There are very few 1/2 acre properties available in this area so make sure you take a look today!
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| Dec 9, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by Weichert Realtors-E. Brunswick | $450,000 | |
| Listed by Weichert Realtors-E. Brunswick | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017