8427 PENSHURST DR #596
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 2, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by Pearson Smith Realty, LLC | $465,000 | |
| Listed by Pearson Smith Realty, LLC | |||
| | |||
|
**Offer deadline of Monday 7/1 at 12pm** Welcome home to the sought-after Cardinal Forest community! This move-in ready 3-bedroom, 2.5-bathroom home combines the privacy of a townhome with the convenience of condo living. Step inside to find a spacious and light-filled interior with recent upgrades that include a brand new HVAC system (December 2023), a new water heater (June 2024), and an updated electric panel (2021). The modern kitchen and laundry amenities feature a washer, dryer, and dishwasher, all replaced in 2021. The main level boasts an open layout perfect for entertaining, while the upper level offers a serene retreat with three bedrooms and two full bathrooms. Enjoy the convenience of low monthly electric bills as gas, water, and sewer are included in the condo dues. Cardinal Forest is more than just a place to live—it's a community! Residents enjoy access to a variety of amenities, including two outdoor pools, tennis courts, basketball courts, and several tot lots/playgrounds. The community also features scenic bike trails and picnic areas, perfect for outdoor enthusiasts. Located close to schools, major commuter routes, shops, and restaurants, this home offers both comfort and convenience. Don't miss this opportunity to own a piece of the highly desirable Cardinal Forest neighborhood. Welcome home!
| |||
| May 25, 2021 | Sold | ||
| Sold | |||
| Apr 29, 2021 | Listed by Coldwell Banker Realty | $385,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/27/2024
|
3 Bed
|
3 Bath
|
1452 ft²
|
$465,000
3 Bed
3 Bath
1452 ft²
|
$465,000
08/09/2024
|
Casey Menish
Pearson Smith Realty, LLC
| |
|
04/29/2021
|
3 Bed
|
3 Bath
|
1460 ft²
|
$385,000
3 Bed
3 Bath
1460 ft²
|
$400,000
+3.90%
05/24/2021
|
Kelly Martinez
Coldwell Banker Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017