107 Nottingham Road
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | In contract | - | |
| In contract | |||
| Nov 9, 2023 | Listed by Coldwell Banker American Homes | $899,000 | |
| Listed by Coldwell Banker American Homes | |||
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Introducing this beautiful home on Nottingham Rd! A complete turnkey home in the heart of Malverne. Fully renovated while retaining all historic details and charm. Mahogany lined original hardwood floors, fireplace, and stained glass windows. King's banquet dining room with French doors. Living room showcases fireplace, and den/library with 2 new custom built-ins. Updated chef's kitchen features all-new appliances, shaker-style cabinets, a double oven, granite and marble counters, and a center island. Primary bedroom features an en-suite (a rare find in Malverne) with double sinks, reglazed original 1920s tub, and ceiling Wi-Fi speaker, along with 2 primary closets, coffered ceiling, and motorized blackout curtains. Upstairs full guest bath features washer and brand new dryer, and radiant heated floors. 2 upstairs bedrooms both with large closet spaces. Finished basement features brand new boiler, entertainment area, wine rack, extra laundry room hook ups, and built-in bar. 4 car driveway and 2 car garage with electric opener. 2 storage sheds and covered patio in the backyard which is lined with Arborvitae trees for extra privacy. Perfectly situated just 1 block away from the Malverne Shops, Restaurants and Movie Theatre, and Malverne LIRR Station with quick commute to NYC.
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| Sep 27, 2021 | Sold | ||
| Sold | |||
| Aug 20, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017