4517 Penn 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 |
|---|---|---|---|
| Jun 21, 2023 | Sold | ||
| Sold | |||
| May 19, 2023 | Listed by Bayou City Living | $650,000 | |
| Listed by Bayou City Living | |||
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Discover the beauty and comfort of Penn Ln - a well-maintained home showcasing the impeccable taste and attention to detail of its meticulous homeowner. Enjoy the elegance of granite countertops and stainless steel appliances in the kitchen and bathrooms, perfect for preparing delicious meals. Relax in the main living room with a wood-burning fireplace, built-in shelving, and ample natural lighting from the many windows. Two primary bedrooms with luxurious stand-up showers and stunning tilework offer ultimate convenience and privacy, while recessed lighting and plenty of storage enhance the living experience. This tranquil oasis sits on nearly 3 acres, surrounded by large, mature trees in a peaceful neighborhood. The barn and storage shed in the back offer versatility and practicality, making this house a dream come true. Don't miss the chance to make Penn Ln your own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017