1145 Normandy DRIVE
About This Property
down in a beautiful quiet neighborhood. As you enter you are greeted by a formal sitting area, to the right a flex room than can be utilized as an office or flex space. The the left you have two bedrooms and a shared full bath. Split floor plan provides privacy for the master bedroom which is in the back left of the home. Large open family room connects to large open kitchen. Kitchen features formica countertops and high end stainless steel appliances. Full fence surrounding private large yard with no rear neighbors and with mature fruit trees which include, mango and avocado. Monthly HOA fee of $83.00 include special discount package with spectrum cable/internet.
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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 10, 2024 | Sold | ||
| Sold | |||
| Dec 11, 2023 | In contract | - | |
| In contract | |||
| Dec 5, 2023 | Relisted | $330,000 | |
| Relisted | |||
| Nov 21, 2023 | In contract | - | |
| In contract | |||
| Oct 17, 2023 | Listed by KELLER WILLIAMS LEGACY REALTY | $330,000 | |
| Listed by KELLER WILLIAMS LEGACY REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017