8 Penn Drive
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 |
|---|---|---|---|
| Jul 7, 2026 | Listed by Signature Premier Properties | $1,499,000 | |
| Listed by Signature Premier Properties | |||
| Mar 4, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Dec 12, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $1,650,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Welcome to this stunning single-family home in the heart of Dix Hills! Boasting 6 spacious bedrooms and 5 full bathrooms, this residence offers an ideal balance of elegance and comfort. Designed with flexibility in mind, the home is well-suited for multigenerational living, featuring generous space and layout options to comfortably accommodate extended family. With a 2-car garage and 4 parking spaces, there is ample room for family and guests alike.
Set on a beautifully landscaped lot, this home provides generous living areas, perfect for entertaining or relaxing with family. Large windows throughout allow for abundant natural light, creating a bright and inviting atmosphere.
The home features an expansive living and dining area, a gourmet kitchen with modern appliances, and a luxurious master suite with an ensuite bath. Beautifully designed outdoor spaces add to the charm and functionality of this remarkable property.
This exceptional home combines style, functionality, and a prime location, making it the perfect retreat in Dix Hills.
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| Jul 20, 2009 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017