11437 Norlain Avenue
About This Property
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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 |
|---|---|---|---|
| Jan 16, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2025 | Listed by Keller Williams Pacific Estate | $825,000 | |
| Listed by Keller Williams Pacific Estate | |||
| Oct 25, 2025 | Price Decreased |
$809,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Sep 27, 2025 | Listed | $825,000 | |
| Listed | |||
| | |||
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Welcome to this inviting and spacious home, where thoughtful flow and everyday comfort meet. The tax record shows 3 bedrooms 2 baths. A large family room was added and now the home functions as a two bedroom. A third bedroom can easily be added back to meet your family's needs! The living room leads to a spacious family room that flows seamlessly to the kitchen — ideal for gatherings and entertaining. With new appliances and a layout hat's perfect for adding your dream island, the kitchen is ideal for meal prep and practicing your culinary skills. A small den provides a quiet work-from-home office, homework station, or cozy reading space that can adapt as your needs change. Good-sized bedrooms and ample closet space provide comfort and organization. Step outside to discover a picturesque backyard with lush landscaping and a lovely patio perfect for morning coffee or evening gatherings. A long driveway leads to a two-car garage, adding convenience and extra storage. Recent major upgrades include a new roof, new rain gutters, all new plumbing including a new main line to the street, and a new electrical panel 200 amp, building in equity and delivering long term peace of mind. The home is ideally located close to schools, shopping and freeways, making daily life a breeze. With its spacious layout and great location, this home is bursting with potential and just waiting for you to make it your own!
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Property Highlights
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About Downey
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 3 Beds
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- 2,842 ft²
$3,300 /mo
- 3 Beds
- 2 Baths
- 1,000 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017