8 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 |
|---|---|---|---|
| Sep 24, 2018 | Sold | ||
| Sold | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $529,900 | |
| Listed | |||
| | |||
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This beautiful property is located in coveted West Peabody, on a quiet cul-de-sac. Minutes from route 1 and route 95. Meticulously renovated, this remodeled home features a stunning kitchen, with a breakfast bar, upgraded Quartz counter tops, stainless steel appliances, and hardwood floors. Off the dining area, step out onto your own private deck. Kids and dogs will love the spacious back yard. The home offers 3 spacious bedrooms and 2 full baths. This home is perfect for any owner looking for "turn-key", move in ready. Don't miss your chance to own this lovely home. First showings at OPEN HOUSE: Sunday, August 12 from 12:00-2:00. The manager has listed the unit size as 1804 square feet.
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| Aug 8, 2018 | Listed by Keller Williams Realty Evolution | $529,900 | |
| Listed by Keller Williams Realty Evolution | |||
| Apr 10, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017