695 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 |
|---|---|---|---|
| May 28, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | In contract | - | |
| In contract | |||
| Mar 12, 2024 | Listed by Orchard Brokerage LLC | $595,000 | |
| Listed by Orchard Brokerage LLC | |||
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** Ask us about our Special Financing Rates !!READY MAY 2024!! New Tabor model 3 Bed 2.5 Bath 3 car garage new two-story home with extended covered deck including a full unfinished basement with 9ft ceilings for future expansion in the new Independence community. This beautifully appointed Tabor home features an open floor plan with a beautiful kitchen including all stainless steel appliances, custom cabinets and solid quartz countertops in kitchen and owner's suite and Lennar's Everything's Included features at no additional cost. The tranquil valley setting offers serenity, peace and quiet while being within minutes of Parker, Castle Rock, Denver Tech Center. Part of Elbert County, Elizabeth offers a lifestyle rich in entertainment, amenities and recreation. Nearby is the popular Castlewood Canyon State Park Trails, which boasts a waterfall, homestead ruins, stream, caves and miles of hiking with over 400 acres of open space! Future amenities will include: Restored Historic Homestead, Community Clubhouse, Community Garden, Outdoor Grills & Picnic Tables, Community Pool, Community Center, Courtyards & Fire Pits, Dog Park, Bike Storage and Kids Playground. Make Independence your new home! Independence is in a Metro District (No HOA Fees). Link for tour of the Tabor model https://lennar.com/new-homes/colorado/denver/elizabeth/independence/the-pioneer-collection/tabor
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| Nov 24, 2014 | Sold | ||
| Sold | |||
| Jul 16, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017