575 Penn Rd
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 27, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Orchard Brokerage LLC | $758,900 | |
| Listed by Orchard Brokerage LLC | |||
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Available July 2024! Located in Independence community, this stunning new Aspen 2-story features, 5 beds (4 upper and 1 main), 4 baths (3 upper & 1 main), laundry, great room, kitchen with upgraded cabinets & Quartz countertops, unfinished basement with 9ft ceilings for your future expansion, 2 + 1 car garages. Beautiful finishes and upgrades throughout. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floorplans to choose from. Lennar provides the latest in energy efficiency and state of the art technology with several fabulous floor plans to choose from. Energy efficiency & technology/connectivity seamlessly blended with luxury to make your new house a home. What some builders consider high-end upgrades, Lennar makes a standard inclusion. This community offers single family homes for every lifestyle. Close to dining, shopping, entertainment and other amenities. Come see what you have been missing today! Welcome home! www.lennar.com/new-homes/colorado/denver/elizabeth/independence. Buyer to confirm taxes & square feet. Virtual tour of same floorplan but not actual home. https://my.matterport.com/show/?m=Vxqm8dVB1ET
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| Oct 31, 2019 | Sold | ||
| Sold | |||
| Dec 18, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017