14 Norman Trail
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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Jan 19, 2025 | In contract | - | |
| In contract | |||
| Dec 18, 2024 | Price Decreased |
$1,124,000
↓ $21K
(1.8%) | |
| Price Decreased | |||
| Oct 22, 2024 | Price Decreased |
$1,145,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Sep 20, 2024 | Listed by CENTURY 21 Judge Fite Co. | $1,195,000 | |
| Listed by CENTURY 21 Judge Fite Co. | |||
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Welcome to your private haven of rustic elegance in Rockwall, TX, a mere 5 minutes from the charming downtown Rockwall Square. This extraordinary property exudes timeless charm with thoughtful modern updates, all while preserving its authentic character. Situated on an expansive, wooded lot embraced by three natural water sources—including a serene fishing lake bordered by stunning stone cliffs—this one-of-a-kind residence is a masterpiece that simply cannot be replicated.
Step into a world where craftsmanship and nature blend seamlessly. Every room in this home features natural wood floors and breathtaking, panoramic views of the surrounding natural beauty. The updated kitchen, complete with top-of-the-line appliances, and the expanded dining area create a perfect setting for both grand gatherings and intimate family dinners.
For those with homesteading dreams, the property is fully equipped with a barn, chicken coops, and ample outdoor space, ideal for a self-sustained lifestyle. Adding to the charm is a cozy cottage offering boundless possibilities—a private office, a homeschooling retreat, or a luxurious guest suite.
With a durable metal roof and meticulous attention to detail throughout, this home is more than just a residence; it’s a secluded sanctuary where the beauty of nature meets unparalleled craftsmanship. Don’t miss this rare opportunity to own a piece of paradise that offers a truly unique lifestyle in Rockwall.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017