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9 Penrose Avenue
About This Property
Located on a quiet dead-end street, it offers a peaceful setting while still being close to local amenities. The home features off-street parking in the rear for added convenience. Brand new gas heater.
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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 |
|---|---|---|---|
| Mar 26, 2025 | In contract | - | |
| In contract | |||
| Mar 19, 2025 | Listed by 518 Realty.Com Inc | $120,000 | |
| Listed by 518 Realty.Com Inc | |||
| Aug 24, 2010 | Sold to Matthew Torino | ||
| Sold to Matthew Torino | |||
| Feb 2, 2005 | Sold to Robert M Petta | ||
| Sold to Robert M Petta | |||
Property Highlights
9 Penrose Avenue
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Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|
Building Info
About Mechanicville
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518 Realty.Com Inc
Last Updated: 2 months ago
Data Source: Global MLS , MLS# 202513617
