7 Penryn Way
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 |
|---|---|---|---|
| Oct 18, 2024 | Sold | ||
| Sold | |||
| Sep 11, 2024 | In contract | - | |
| In contract | |||
| Jul 30, 2024 | Listed by Compass | $1,525,000 | |
| Listed by Compass | |||
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This charming home in Rockport, MA, is nestled between Loblolly Point, Pebble Beach, and Cape Hedge Beach. Offering a private retreat, this property features 8 bedrooms and 3 baths. The light-filled living room, with its original French doors, opens onto a brick patio on one side and a covered pebble gravel patio on the other, both looking into gardens. With over 3,000 sq ft of living space spread over two full levels, this older home is ideally suited for someone who appreciates classic architecture and wants to create a space of their own, whether for year-round living or as a seasonal getaway. The bedrooms provide ocean breezes, comfort, and privacy, while the baths, retaining vintage charm, are conveniently located to serve both residents and guests. The kitchen is ready for personal updates, holding plenty of potential to become a chef’s dream. The outdoor space offers a gardener's paradise in waiting, providing ample opportunity to shape and cultivate an ideal retreat.
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| Dec 4, 2018 | Sold | ||
| Sold | |||
| Dec 7, 2001 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017