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108 Normal School WAY
About This Property
The open-concept main level welcomes you with an effortless flow from the kitchen to the main living area. The home office is at the front of the house, right at the entry with double, glassed doors - making the office a welcoming place to work from home while keeping an eye on who is coming and going from your house. From the kitchen, step outside to a covered back porch, creating an ideal setting for morning coffee or weekend barbecues. Upstairs, the second living area offers a flexible bonus space, perfect for a media room or play area. Three secondary bedrooms, a bath and laundry room are also on the 2nd floor.
Live the resort lifestyle with fantastic Santa Rita Ranch amenities right at your doorstep, including sparkling pools, water slides, parks, trails, schools and fitness centers. Santa Rita offers a wide array of scheduled events throughout the year. Best of all, daily errands are a breeze with a HEB and shopping centers located only minutes away.
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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 11, 2026 | Price Decreased |
$400,000
↓ $10K
(2.4%) | |
| Price Decreased | |||
| Aug 14, 2026 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jul 31, 2026 | Listed by Comfort Realty LLC | $425,000 | |
| Listed by Comfort Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017