39512 Penn Rd
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 18, 2024 | Sold | ||
| Sold | |||
| Jun 4, 2024 | In contract | - | |
| In contract | |||
| May 29, 2024 | Price Decreased |
$609,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| May 14, 2024 | Price Increased |
$620,000
↑ $10K
(1.7%) | |
| Price Increased | |||
| May 13, 2024 | Listed by NextHome Front Range | $609,900 | |
| Listed by NextHome Front Range | |||
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** Ask us about our Special Financing Rates!! READY AUGUST 2024!! New Evans model 4 Bed 2.5 Bath 3 car garage. New two-story home with full basement & 9ft ceilings and a extended covered back deck with large backyard backing up to OPEN AREA in the new Independence community! This beautifully appointed Evans home features an open floor plan with a beautiful kitchen with convenient pocket office off of kitchen including all stainless steel appliances, upgraded Polar White Cabinets with quartz countertops in kitchen and owner's suite. Shaw EVP flooring. Lennar's Everything's Included features at no additional cost. The tranquil valley setting offers serenity, peace and quiet while being within minutes of Parker, Castle Rock, Denver Tech Center. Part of Elbert County, Elizabeth offers a lifestyle rich in entertainment, amenities and recreation. Nearby is the popular Castlewood Canyon State Park Trails, which boasts a waterfall, homestead ruins, stream, caves and miles of hiking with over 400 acres of open space! Future amenities will include: Restored Historic Homestead, Community Clubhouse, Community Garden, Outdoor Grills & Picnic Tables, Community Pool, Community Center, Courtyards & Fire Pits, Dog Park, Bike Storage and Kids Playground. Email [email protected] to schedule an appointment and make Independence your new home! Independence is in a Metro District.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017