43 Penny 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 |
|---|---|---|---|
| Aug 17, 2018 | Sold | ||
| Sold | |||
| Jul 3, 2018 | Listed by Classified Realty Group | $399,900 | |
| Listed by Classified Realty Group | |||
| Aug 27, 2010 | Sold | ||
| Sold | |||
| Aug 4, 2010 | Listed by RE/MAX Encore | $289,000 | |
| Listed by RE/MAX Encore | |||
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Don’t miss out on this 2 BR ranch on a quiet dead end street w/ full basement and walk up attic on a 12,000 s.f. lot with expansion possibilities. Updates include refinished hardwood floors (2008), updated eat in kitchen with new flooring and countertops (2009), updated bath (2009), interior freshly painted (2008), new heating system (2008), in addition to, offering off street parking for up to 6 cars. Close to Wakefield Commuter Rail Line & Routes 93/128. This gem is a great condo alternative!
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| Mar 3, 2010 | Listed by Classified Realty Group | $289,000 | |
| Listed by Classified Realty Group | |||
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Address: 335 Madison Avenue, New York, NY 10017