3893 PENELOPE 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 |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| Jun 8, 2021 | Listed by REAL ESTATE WITH GARLON WEBB | $496,200 | |
| Listed by REAL ESTATE WITH GARLON WEBB | |||
| Jul 14, 2016 | Sold | ||
| Sold | |||
| Apr 12, 2016 | Listed by REAL ESTATE WITH GARLON WEBB | $337,000 | |
| Listed by REAL ESTATE WITH GARLON WEBB | |||
| Oct 21, 2014 | Listed by RE/MAX SPECIALIST | $337,000 | |
| Listed by RE/MAX SPECIALIST | |||
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Custom home with screen enclosed pool. This home has it all, from the gourmet kitchen to the home office. Sun room is heated/cooled making home 2616 sq ft. Crown molding, gas fireplace and a detached garage/workshop. Easy access to I-10 and Jacksonville. Includes an Emergency back up Generator. Please leave a business card for home owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017