2 Normandy Way
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 2, 2023 | No longer available | - | |
| No longer available | |||
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Dec 27, 2022 | In contract | - | |
| In contract | |||
| Oct 21, 2022 | Listed by Bennion Deville Homes | $1,490,000 | |
| Listed by Bennion Deville Homes | |||
| | |||
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This rarely available Emperors Model is a must see! This elegant & expansive two-story home is on a prime lot, tucked away on a cul-de-sac, in sought-after Victoria Falls. Soaring ceilings with windows throughout, it has a possibility of three great rooms, & two master suites on the first floor. Enjoy multiple sitting areas? Add a large formal dining area? The possibilities are endless. The large gourmet kitchen is open to the family room and makes a great family/gathering area along with the kitchen nook. It all looks out over the beautiful backyard views. There is a large living room offering a wet bar, stunning fireplace, & beautiful southwest facing views of the back yard. This room can be a theater room, game room, and a giant cozy place for family & friends to gather. The first floor has beautiful inlaid travertine throughout. All new carpeting in all of the bedrooms. The entire inside of this home has been freshly painted and the walls have the elegant smooth finish. The huge southwest facing back yard has a sparkling pool and spa that has been resurfaced and has all new tile. All new landscaping throughout, with lots of room for entertaining. No neighbors to the south side of the home, giving you the stunning unobstructed views people dream about. All this can be viewed from the oversized deck that spans across both upstairs bedrooms. There are new A/C's and there is also a Swamp Cooler. The manager has listed the unit size as 5240 square feet.
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| Jul 7, 2022 | Listed by Bennion Deville Homes | $1,490,000 | |
| Listed by Bennion Deville Homes | |||
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About Victoria Falls
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$9,000 /mo
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$9,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017