56870 Penn Road
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 |
|---|---|---|---|
| Dec 14, 2021 | Sold | ||
| Sold | |||
| Oct 20, 2021 | Listed by Weichert Realtors-Gold Star | $475,000 | |
| Listed by Weichert Realtors-Gold Star | |||
| Aug 16, 2016 | Sold | ||
| Sold | |||
| Jul 18, 2015 | Listed by Homestead Realty Group PC | $310,000 | |
| Listed by Homestead Realty Group PC | |||
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Beautiful custom home on 20 acres of woods is a hunter's paradise! Open beam design with vaulted oak ceilings. Hickory and oak flooring, cabinets, doors and trim. Main floor master suite with whirlpool tub, walk-in closet and double sinks. There is also an office and half-bath. Upper level balcony leads to two more bedrooms and full bath. Walkout level includes a 4th bedroom now used as a craft room and large storage & utility rooms. The Richmond on-demand hot water system is an energy saver. Outside are porches, rock garden, pond and mature hardwoods with trails. Deer & turkey roam the woods, which open onto part of a hay field at the tree line. A pole barn sits down at the street. Once you are home, you won't want to leave! Come see! Pole barn at street level includes a small office and three bays with overhead doors. Store vehicles, RV's, equipment or use it as work space. Formerly a business, it offers options.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017