2101 Norman Street
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 |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Oct 23, 2021 | Listed by Connect Realty | $154,000 | |
| Listed by Connect Realty | |||
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Investment property with two exit strategies: Great Option as conversion rehab for cashflow and appreciation or fix and flip!!! Renovations have already been started so easy get in and complete!! Home is being sold AS IS. Call now for more info! Se Habla Espanol!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017