580 Penny 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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Nov 23, 2024 | In contract | - | |
| In contract | |||
| Oct 17, 2024 | Listed by Keller Williams Thrive | $1,898,000 | |
| Listed by Keller Williams Thrive | |||
| May 31, 2017 | Sold | ||
| Sold | |||
| Apr 29, 2017 | Listed by Blockhouse Real Estate Inc. | $1,349,000 | |
| Listed by Blockhouse Real Estate Inc. | |||
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Beautiful detached home in excellent location, 3 bedrooms and 2.5 bathrooms includes spacious master suite with vaulted ceilings. Bright kitchen with granite counters opens to the patio, fenced backyard with lawn, and the single car detached garage. Enjoy California living with easy indoor/outdoor flow. Downstairs has hardwood floors, gas fireplace in living room, and bedroom with attached half bath. Upstairs laundry room has storage and includes washer/dryer. Easy access to nearby shopping, dining, and businesses.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017