223 Normal Park 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 |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Dec 30, 2023 | In contract | - | |
| In contract | |||
| Dec 15, 2023 | Listed by Coldwell Banker Realty - Lake Conroe/Willis | $205,000 | |
| Listed by Coldwell Banker Realty - Lake Conroe/Willis | |||
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Welcome to this charming gem nestled in the unbeatable location of Forest Hills. Offering convenience to IH 45, shopping hubs, & SHSU while also embracing a vintage character w/modern updates. You will be captivated as you approach the residence by its classic curb appeal, featuring a well-maintained facade, mature trees & simple landscaping. The front yard sets the tone for the spaciousness you'll find throughout the property. Step inside to discover a thoughtfully updated interior. The living room, adorned w/a cozy fireplace, provides a perfect spot to relax & unwind. The flex space just off the living room is a perfect for an office or play area. You are sure to be pleased by the spacious bedrooms & updated bathrooms. Another highlight of this home is the oversized backyard. Providing ample space for gardening, recreation, or even the addition of a pool. This home has been utilized as a positive cash flow investment property but is Perfectly suited to be a full-time residence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017