5601 Penwell Drive
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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 14, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by Keller Williams Realty | $250,000 | |
| Listed by Keller Williams Realty | |||
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3 Bed, 2 Bath, 1 Living Room, 1 Dining Room, 2 car garage. All 3 bedrooms have been repainted and has new carpet. Kitchen has been remodeled - White painted cabinets, granite countertops, new tile backsplash & Title Flooring. Guest and Master bathrooms have been remodeled - New cabinets and countertops. The Kitchen, Living Room & Dining Room are very open with Ceramic Title Flooring. Covered patio in back was added along with additional concrete to extend pad. Gas Fireplace. Gas Water Heater. Electric Range. Electric Heating &AC. 2 Community pools. One owner Home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017