1179 Normandy Road
About This Property
As you enter the home you are greeted by the upgraded tile floors, and a spacious formal living and dining area. To the left of the entry is the office, or potential 4th bedroom with tile floors, a ceiling fan and lots of natural light.
just past the formal dining room is the spacious kitchen with granite counters,beautiful backsplash, an island and plenty of cabinets. Right off the kitchen is the living room with a gas fireplace and entertainment nook. This great room allows for plenty of space to entertain your friends and family.
Down the hall are 2 good sized bedrooms with ceiling fans, AND a guest bathroom with dual sink vanity and a tub and shower.
At the end of the hall is the oversized master bedroom with views of the lush backyard. The master bathroom has an upgraded vanity with dual sinks, a soaking tub and a stand up shower. The large walk in closet has build in shelves allowing for plenty of storage.
At the opposite end of the hall is the laundry room with access to the 3 car garage. This home also features a soft water system that is owned.
Outback is a large covered patio, grass area and a large side yard with room to store your toys.
This home sits on a quite street with NO HOA and low taxes.
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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 |
|---|---|---|---|
| Aug 10, 2017 | Sold | ||
| Sold | |||
| Jun 9, 2017 | Listed by Coldwell Banker Assoc Brkr-SC | $345,000 | |
| Listed by Coldwell Banker Assoc Brkr-SC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017