406 PENWOOD RD
About This Property
There is a hallway separating the main living space from the three bedrooms and a recently updated full bath (2021). The kitchen with stainless appliances and a window overlook the backyard completes the main level.
The finished basement offers an additional rec room and bonus space, currently being used as a playroom and home office! The basement has a second full bath (updated in 2021), the laundry room, and access to the one car garage. Additional storage space is available in the attic and storage shed in the backyard.
Some notable updates include: HVAC (2020), Mini Split AC in sunroom (2021), Partial replacement of front part of the roof (2018), ADT Security System, and a Heavy Up to 200 amp.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Silver Spring
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$4,000 /mo
- 4 Beds
- 3 Baths
- 2,522 ft²
$3,750 /mo
- 5 Beds
- 3 Baths
- 2,322 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017