11 Norman Drive
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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.
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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 |
|---|---|---|---|
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 3, 2023 | In contract | - | |
| In contract | |||
| Sep 13, 2023 | Listed by Signature Premier Properties | $729,000 | |
| Listed by Signature Premier Properties | |||
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Fantastic Location just minutes away from local farm stands and the North Fork Vineyard trail in North Shoreham with beach rights to Sills Gully Beach. This stately home includes a bright and lovely legal living space with its own private back entrance and parking, it is also equipped with a large handicapped accessible bathroom all redone and an efficiency kitchen. The main part of the house has five bedrooms, one of which is directly above the apartment and can lead to the apartment and/or the main kitchen. Also in the main house includes two full bathrooms, formal living room, formal dining room, a large sunny eat in kitchen , a large family Room with fireplace and doors to the rear deck, and a welcoming large entry foyer with an additional staircase to the second floor. Gorgeous grounds with extensive landscaping, blue slate patios, pool area completely redone three years ago. Basement with walkout to back yard. Vacation at home in this 3500 sq foot home close to this homes private residents beach. The fabulous North Shore Rail Trail spanning from Shoreham to Port Jefferson will have you enjoying the vacation lifestyle at home!
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| Aug 8, 2000 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017