940 Penman Road
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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%.
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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.
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 |
|---|---|---|---|
| Jan 17, 2020 | Sold | ||
| Sold | |||
| Dec 4, 2019 | Listed by WATSON REALTY CORP | $420,000 | |
| Listed by WATSON REALTY CORP | |||
| Apr 25, 2012 | Sold | ||
| Sold | |||
| Dec 18, 2011 | Listed by WATSON REALTY CORP | $249,900 | |
| Listed by WATSON REALTY CORP | |||
| Apr 16, 2011 | Listed by SUN CITY REALTY | $299,000 | |
| Listed by SUN CITY REALTY | |||
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Large 3/2 on HUGE lot at 940 Penman Road in Neptune Beach. The lot is 300’ x 145’ – not many this
size at the beach!! House is older but very solid. Brick construction, hardiboard siding on rear add-ons
(new2006), exterior painted (2006), 6 year old roof, fireplace, large Florida room, room off the 2 car
garage that can easily be made into another bedroom, beautiful stamped concrete patio (2006), central
heat and air (2000, new compressor in 2006), gas oven and hot water heater, hardwood floors, tile floor
in kitchen (2003), re-piped (2003) Not in a hurry to move; taking offers at this point, asking 299,000. Assumable Termite Bond through Naders Pest Control!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017