Pennington Place consists of 40 units averaging 818 square feet. The property offers (20) 1/1 units, and (20) 2/2 units. This property was gutted and rebuilt like new construction. From the roof to the sewage everything is new and and includes sprinkler system. $2.7M spent in construction alone. Current occupancy is 95%. 8% CAP Closing to be held at Oklahoma City abstract lakeside
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.5K
Per Month
Principal & Interest
$18.4K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.1K
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Buchanan Elementary School
4126 NW 18th St
Distance between this listing and this school0.60 miles
Public District Grades PK-6
Middle School
2
/10
Taft Middle School
2901 NW 23rd St
Distance between this listing and this school1.04 miles
Public District Grades 7-8
8
/10
Classen Middle School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school2.93 miles
Public District Grades 6-8
7
/10
Belle Isle Middle School
5904 N Villa Ave
Distance between this listing and this school3.12 miles
Public District Grades 6-8
High School
1
/10
Northwest Classen High School
2801 NW 27th St
Distance between this listing and this school1.24 miles
Public District Grades 9-12
10
/10
Classen High School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school2.93 miles
Public District Grades 9-12
3
/10
Northeast High School
3100 N Kelley Ave
Distance between this listing and this school5.13 miles
Public District Grades 9-12
Assigned Schools
3
/10
Buchanan Elementary School
4126 NW 18th St
Distance between this listing and this school0.60 miles
Public District Grades PK-6
Nearby Schools
3
/10
Linwood Elementary School
3416 NW 17th St
Distance between this listing and this school0.59 miles
Public District Grades PK-6
3
/10
Kaiser Elementary School
3101 Lyon Blvd
Distance between this listing and this school0.66 miles
Public District Grades PK-6
Assigned Schools
2
/10
Taft Middle School
2901 NW 23rd St
Distance between this listing and this school1.04 miles
Public District Grades 7-8
8
/10
Classen Middle School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school2.93 miles
Public District Grades 6-8
7
/10
Belle Isle Middle School
5904 N Villa Ave
Distance between this listing and this school3.12 miles
Public District Grades 6-8
Assigned Schools
1
/10
Northwest Classen High School
2801 NW 27th St
Distance between this listing and this school1.24 miles
Public District Grades 9-12
10
/10
Classen High School of Advanced Studies
1901 N Ellison Ave
Distance between this listing and this school2.93 miles
Public District Grades 9-12
3
/10
Northeast High School
3100 N Kelley Ave
Distance between this listing and this school5.13 miles
The neighbors living near this home have an average income of $38,049. Most Oklahoma City, OK residents have annual incomes between $35k-100k. Typical family type is single, no kids. The majority of residents in this area have post secondary degree education.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 3732 NW 23rd St in Oklahoma City, OK and zip code 73107 in the Central Oklahoma City neighborhood. This 31,450 square foot home was built in 1963. It has been listed on Rocket Homes since September 19, 2024 and is currently priced at $3,695,000.
Oklahoma City, OK housing market in October 2024 saw over 126 listings sold above listed price, more than 240 sold at listed price and over 385 sold below. In October 2024 in Oklahoma City, OK there were 8.5% more homes for sale than in September 2024. In October 2024 median list price was $252,519 and the average listing age was 40 days.
From Rocket Homes Real Estate and based on county public records data.
Copyright© 2024 MLSOK, Inc. All rights reserved. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSOK, Inc. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. It may be subject to transcription and transmission errors. Accordingly, the data is provided as is, as available basis only and may not reflect all real estate activity in the market. The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. 
Pro Boxing
Pro Boxing
Mexican League Soccer
Figure Skating
Family Dollar
Books-a-Million
Big Lots
White Castle
Church's Chicken
Golden Corral
Chevrolet
Toyota
Cadillac
Rock
Adult Hits
Jazz