16 Normandy A
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%.
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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 16, 2022 | Sold | ||
| Sold | |||
| May 14, 2022 | Listed by Luxury Partners Realty | $179,000 | |
| Listed by Luxury Partners Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/27/2024
| |
2 Bed
|
2 Bath
|
907 ft²
|
$149,900
2 Bed
2 Bath
907 ft²
|
$145,000
-3.27%
11/12/2024
|
Paul Jay Saperstein
EXP Realty LLC
|
|
05/14/2022
| |
2 Bed
|
2 Bath
|
907 ft²
|
$179,000
2 Bed
2 Bath
907 ft²
|
$150,000
-16.20%
05/16/2022
|
Colby Berchin
Luxury Partners Realty
|
|
02/16/2015
|
2 Bed
|
2 Bath
|
907 ft²
|
$96,000
2 Bed
2 Bath
907 ft²
|
$91,000
-5.21%
03/25/2015
|
Ella Sari
The Keyes Company
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017