1410 Normandy 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 |
|---|---|---|---|
| Oct 17, 2023 | Sold | ||
| Sold | |||
| May 11, 2023 | Listed by United Real Estate | $24,500 | |
| Listed by United Real Estate | |||
| | |||
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Residential Lot in a very desirable area. Many homes are being built in this area now. Minutes from Restaurants', Retail, Graham Medical Associates, Graham Public Library and Graham Regional Medical Center.
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| Dec 8, 2022 | Sold | ||
| Sold | |||
| Nov 9, 2022 | Listed by The Guinn Company | $24,500 | |
| Listed by The Guinn Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017