11918 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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 27, 2025 | Price Decreased |
$359,900
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Feb 5, 2025 | Listed by RE/MAX Compass | $365,000 | |
| Listed by RE/MAX Compass | |||
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Beautiful and completely remodeled with a spacious open design, high ceilings, walls of custom seamless windows, fresh designer paint, wrought iron spindles, gorgeous tile/wood look flooring, new carpet/pad, stylish and sleek quartz counter tops, counter height breakfast bar open to living, stainless steel appliances, undermount sink, extensa faucet an abundance of counter and cabinet space, double sided fireplace, split floor plan with two bedrooms down, primary suite is oversized and has dual vanity, seamless shower enclosure, double walk in closets and custom cabinetry, additional bedroom and full bath down, other guest rooms are up and oversized. Large beautiful yard. Make this one first on your list! Never flooded!
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| Aug 26, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017