1311 Norma 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 |
|---|---|---|---|
| May 5, 2023 | Sold | ||
| Sold | |||
| Mar 3, 2023 | Listed by Keller Williams Revolution | $349,900 | |
| Listed by Keller Williams Revolution | |||
| Nov 29, 2018 | Price Decreased |
$250,000
↓ $10K
(3.9%) | |
| Price Decreased | |||
| Jul 27, 2018 | Listed | $260,000 | |
| Listed | |||
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This move in ready Home located in Sapphire Lake Subdivision! All new paint, Professional clean carpet May 2018. 5 Large Bedrooms, 3.5 Baths. Front door opens to 2 story foyer. Formal living and Dinning. Open concept kitchen with dinette area and large family room with gas fire place. 4 bedrooms and 2 full baths are located on second floor. Large finished lower level has L shape family room w/Wet Bar and 5th bedroom and full bath. Fenced yard w/ no back yard neighbors. Lawn Irrigation system. 3 car attached garage. All information deemed to be accurate but not warranted. The manager has listed the unit size as 3580 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017