45
Map
208 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 |
|---|---|---|---|
| Jul 6, 2021 | Sold | ||
| Sold | |||
| Dec 6, 2018 | Sold | ||
| Sold | |||
| Oct 18, 2018 | No longer available | - | |
| No longer available | |||
| Jun 7, 2018 | Listed | $1,375,000 | |
| Listed | |||
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Owner financing available! Call for terms. Check out the virtual tour in the 'Photos' tab! Situated in the X flood zone means NO flood insurance required! You will cherish owning this perfect Beach House steps to the white sands and Gulf. South of Scenic Gulf Drive with your own private gate access to the beach walkover. Over 1,500 SqFt of both covered and open wrap around decks boasting sensational unobstructed Gulf views. A huge gourmet kitchen, wet bar, dining and living room with two Master suites and a Bunk Room occupy the main level. The ground level boasts another complete home with full kitchen, dining and living room, four additional guest bedrooms and three full baths. This home currently sleeps 20 people comfortably and has excellent investment potential. Sold fully furnished. The manager has listed the unit size as 3608 square feet.
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| May 1, 2018 | Listed by Newman Dailey Resort Properties | $1,375,000 | |
| Listed by Newman Dailey Resort Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017