1855 N Normandy Avenue
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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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Nov 17, 2023 | Listed by 606 Brokers LLC | $360,000 | |
| Listed by 606 Brokers LLC | |||
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Welcome to your new Beautiful Brick Georgian home nestled in a serene tree-lined street in sought after Galewood neighborhood. This gem features 3 bedrooms and 1.5 bathrooms. One bedroom on the main level and two upstairs. Formal Living room with a bay window and dining room with a nice size kitchen. Hardwood floors, Central air, finished basement, large family room with extra storage space & a really nice backyard! Escape daily life in your fully fenced backyard oasis complete with sun-setter awnings over both the patio & maintenance free deck plus custom mosquito netting in the garage & an outdoor ceiling fan that keeps the bugs away! Lush floral landscaping & screened in patio off the garage make this a perfect space for relaxation. Pride of ownership Furnace & AC Condenser (approx. 8-10 years), Roof with new Leaf Guard Gutter system and Extra-large downspouts (6 years), 50 gallon Water Heater (11 years). Newer 2.5 car garage with overhead storage. Terrific location & a quiet neighborhood just a few minutes from Oak Park & Elmwood Park. Ideal for commuters, just a half mile to the Mars Metra station which takes you downtown in 30 minutes or catch the 311 CTA bus line to the Oak Park Green Line. Bring your offers!
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| Nov 15, 2021 | Sold | ||
| Sold | |||
| Jul 22, 2021 | Listed by Redfin Corporation | $334,900 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017