5 Penn Place
About This Property
In addition to the main living areas, this home also boasts a full finished basement, providing even more space for recreation and storage. Outside, the backyard is an oasis of its own, with a two-tiered deck that's ideal for entertaining. The highlight, however, is the Gunite saltwater pool, perfect for cooling off on hot summer days. Raised garden beds add a touch of charm, and with sprinklers on a well for irrigation, maintaining the lush landscaping is a breeze. Don't miss out on this exceptional opportunity to make this home your own. Schedule your showing today!
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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 8, 2024 | Sold | ||
| Sold | |||
| Jan 31, 2024 | Listed by RE/MAX Revolution | $819,900 | |
| Listed by RE/MAX Revolution | |||
| Jul 22, 2016 | Sold | ||
| Sold | |||
| Apr 25, 2016 | Listed by Keller Williams Shore Properties | $499,000 | |
| Listed by Keller Williams Shore Properties | |||
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If you're looking for a perfectly maintained home that shows like a model than look no further. This fabulous four bedroom, two and a half bath home is located in one of the most desirable communities in Forked River. The open floor plan makes this home perfect for entertaining. The updated kitchen has 42'' cabinets, recessed lighting, and a center island to lay out those snacks for holiday parties! The morning room has a wall of windows to take in the back yard views! The huge family room features beautiful wood flooring with a back staircase for extra convenience. The bright and airy formal living room and dining room with crown molding and hardwood floors. First floor office or fifth bedroom. The master suite features a sitting room, full bath with dual sinks and Jacuzzi tub. The full finished basement is already pumped for a bathroom. Side entry two car garage. And if all this wasn't enough, the backyard oasis should seal the deal for you. Your summer guest will never want to leave with the inground pool, deck, and park-like setting!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017