12211 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%.
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 1, 2024 | Sold | ||
| Sold | |||
| Jun 14, 2024 | In contract | - | |
| In contract | |||
| May 24, 2024 | Listed by Jane Byrd Properties International LLC | $438,000 | |
| Listed by Jane Byrd Properties International LLC | |||
| Feb 22, 2024 | Listed by Weichert, Realtors - The Murray Group | $274,000 | |
| Listed by Weichert, Realtors - The Murray Group | |||
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Lakewood Forest 4 bedroom home with amazing potential. This property needs some TLC. Selling As-is. This home features high ceilings, floor-to ceiling windows, spacious kitchen with granite counters and breakfast area, large pantry, and a wet bar off the living room perfect for entertaining. There is a formal living area, home office/study on the 1st floor. All secondary bedrooms are located upstairs along with a family/game room. Two of the bedrooms share a Jack and Jill bathroom. Plenty of closets and storage space including a walk-in closet and additional secret closet/storage room. This home sits on a large 8,800 sf lot in a quiet established neighborhood.
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| Sep 17, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017