3901 Pennyoak Drive
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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 |
|---|---|---|---|
| Apr 27, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Keller Williams Hou Preferred | $299,000 | |
| Listed by Keller Williams Hou Preferred | |||
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Ranch styled home in the center of the desirable Pearland Oakbrook Estates community. Easy access to all major highways, shopping & restaurants. Open floor plan is perfect for entertaining friends and family -- kitchen, dining and family room are all adjacent to each other. Hardwood & tile flooring throughout -- NO carpet! Kitchen boasts a chef prep island, corian counters, plenty of counter & cabinets, walk-in pantry, stainless appliances -- perfect for your master chef! Home office / study can also be a 4th bedroom - it has a closet! Enjoy the soft glow relaxing in front of your gas fireplace. You will be spending plenty of time in your backyard under your gazebo enjoying your preferred morning brew or an evening adult beverage. Your friends & family will love spending weekends with you - plan lots of barbeques!! Primary bed / bath has vaulted ceilings, dual sinks, oversized garden soaking tub, walk-in glass shower and large walk-in closet.
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| Sep 23, 2022 | Sold | ||
| Sold | |||
| Jul 29, 2022 | Listed by Coldwell Banker Realty | $299,999 | |
| Listed by Coldwell Banker Realty | |||
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Great location for this spacious one story! Welcoming open concept living room with corner fireplace, designer paint colors and beautiful wood floor. Oversized kitchen with island, gas cooking and newer stainless appliances. Walk in pantry offering great storage. Breakfast/dining area open to family room offering great space for entertaining. Living area has many windows allowing an abundance of natural lighting. Split bedroom arrangement with large primary on backside of home. Tall ceilings and windows adorn the room with beautiful hardwood floors. Primary bath with walk in shower, separate soaking tub and dual vanities. Secondary bedrooms with custom paint, hardwood floors and tall ceilings. Utility room in the house. This home is so cute and spacious, bring your buyers quick- it will not last! Showings start Saturday July 30
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017