11623 Normont Drive
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 31, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Dec 16, 2023 | No longer available | - | |
| No longer available | |||
| Dec 14, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $388,500 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
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Welcome to the charming neighborhood of Lakewood Forest and this family friendly two-story home with 5 beds/3.5 baths, a POOL, & 3 car garage * Formal Living * Formal Dining * Family Room with Gas Fireplace * First Floor Primary w/ Ensuite Bathroom * Kitchen has Granite Counters, Induction Cooktop, SS appliances, Double Oven, & Soft Close Cabinets * Fridge/Washer/Dryer Included * Brand NEW Carpet in all Bedrooms, which are all Large * Game room (above 3 car garage) could function as private guest quarters with its own walk-in shower bathroom & 30 ft. balcony overlooking the pool * Updated Double Paned Windows * Whole Home GENERATOR * Esteemed Cy-Fair ISD * 2018 AC system *
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| Nov 15, 2023 | Listed by Better Homes and Gardens Real Estate Gary Greene - | $397,500 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - | |||
| | |||
|
Welcome to the charming neighborhood of Lakewood Forest and this family friendly two-story home with 5 beds/3.5 baths, a POOL, & 3 car garage * Formal Living * Formal Dining * Family Room with Gas Fireplace * First Floor Primary w/ Ensuite Bathroom * Kitchen has Granite Counters, Induction Cooktop, SS appliances, Double Oven, & Soft Close Cabinets * Fridge/Washer/Dryer Included * Brand NEW Carpet in all Bedrooms, which are all Large * Game room (above 3 car garage) could function as private guest quarters with its own walk-in shower bathroom & 30 ft. balcony overlooking the pool * Updated Double Paned Windows * Whole Home GENERATOR * Esteemed Cy-Fair ISD * Easy Access to Shopping & Highways *
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017