12122 Normont Drive
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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%.
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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 |
|---|---|---|---|
| Sep 6, 2022 | Sold | ||
| Sold | |||
| Aug 1, 2022 | Listed by Nan & Company PropertiesChristie's International R | $499,990 | |
| Listed by Nan & Company PropertiesChristie's International R | |||
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This beautiful home is 3,406 sq ft and features 4 bedroom, 3.5 baths, extra flex/office space located on the second floor along with a detached 2 car garage and a sparkling pool. The home has recently undergone an interior/exterior cosmetic renovation to refresh its classic beauty while adding a bit of modern flare. You will enjoy the convenience of the primary bedroom on the first floor with en-suite bathroom, double sinks with vanity, separate soaking tub, stand alone shower, and his/hers closets with built-ins. The beautiful kitchen has plenty of cabinet space, quartz countertops, subway backsplash, and a suite of stainless steel appliances; split plan with 3 secondary bedrooms on the second floor and a flex space that could be used as a 5th bedroom, office or gameroom.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017