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1007 Norwich Way
About This Property
Inside, nine-foot ceilings and abundant natural light create a spacious and airy feel. The great room flows seamlessly into the dining area and kitchen, providing an ideal gathering space for family and friends. The kitchen features a large center island, generous cabinetry, pantry storage, stainless steel appliances, and plenty of counter space for meal preparation and entertaining.
The spacious primary suite offers a private retreat with an adjoining bathroom featuring a dual-sink vanity and walk-in closet. Two additional bedrooms provide flexibility for guests, a home office, hobbies, or additional living space. The conveniently located laundry area includes extra storage and direct access to the covered carport.
Situated on a premium lot, the property also offers NEW HVAC (2023), two storage sheds, including a large approximately 10-by-12-foot wood shed with an extra-high ceiling for added storage. Plenty of enjoyable outdoor space for those who love gardening or relaxing outside.
Village Grove Mobile Home Estates offers a wonderful active-adult lifestyle with community amenities that include a pool, spa, game room, greenbelts, and walking trails. RV parking may also be available within the community, subject to availability. Conveniently located near shopping, dining, everyday services, and major roadways, this home combines low-maintenance living, community amenities, and the added benefit of owning the land.
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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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 17, 2026 | Listed by Mogul Real Estate | $479,999 | |
| Listed by Mogul Real Estate | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 4, 2021 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017