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10 Norfolk Road
About This Property
The second floor provides additional flexibility with 3 more rooms and a full bathroom. The spacious walkout basement provides amble space for hosting gatherings or relaxing, complete with a bar area, a half bathroom, ample space for recreation, as well as storage.
Conveniently located near local amenities, parks, and transportation, this home offers both comfort and practicality. Whether you're enjoying quiet mornings in the sunlit den or entertaining in the spacious basement, 10 Norfolk Road is ready to welcome you home.
Lakeville Elementary; Great Neck South Middle and High Schools. Access to University Gardens' Recreational Complex, which includes heated pool; tennis and basketball courts, as well as, playground. $450 annually to join the pool/tennis club for the summer season.
Photos are virtually staged.
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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.
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.
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About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017