12423 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 |
|---|---|---|---|
| Jun 29, 2022 | Sold | ||
| Sold | |||
| May 26, 2022 | Listed by RE/MAX Compass | $435,000 | |
| Listed by RE/MAX Compass | |||
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*Beautifully Remodeled: Kitchen (Refrigerator stays), Masterbath, upstairs bathroom, downstairs 1/2 bath. Newer flooring throughout! Recent: Dbl pane EZ Clean windows, siding & outside paint, entire house pex plumbing, sprinkler sys, gutters, brick & mortar repointed, blown-in insulation, radiant barrier, attic access enclosure, tankless water heater, A/C & duct wk (2018), roof (2015).DNSTAIRS Master, formal dining, huge den, separate breakfast rm, spacious closets throughout. Upstairs game rm w/built in shelves & cabinets, downstairs interior laundry rm (washer & dryer stay) + wet bar. Long driveway, very well kept. Big backyard, oak trees, plush landscaping, detached garage. ***Did not flood***
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017