1875 Norwood 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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Jan 2, 2025 | Listed by Upside Real Estate | $34,900 | |
| Listed by Upside Real Estate | |||
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GREAT opportunity to build in Paradise!!! A quiet and desirable street just 22 minutes drive to Chico with lots of lovely new homes. Property previously had a 1146 sq ft 1-story home that was 2 bedrooms and 2 bathrooms and a garage. Amazing views of the valley and hills. The septic tank was installed in 2014, passed inspection in December of 2019 and is presumed to be OK.
| |||
| Dec 19, 2019 | Sold | ||
| Sold | |||
| May 23, 2019 | Listed by Century 21 Select Real Estate, Inc. | $19,900 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017