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23 Normandy Ave.
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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 |
|---|---|---|---|
| Sep 20, 2011 | Sold | ||
| Sold | |||
| Jun 8, 2011 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $489,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Cambridge Highlands totally renovated single family in a quiet neighborhood. New kitchen w/ ss appliances, maple cabinets & granite counters, new bathroom, 200 amp updated electrical, 2010 windows, 2009 roof, spray foam insulation in walls, eco batt basement insulation. Beautifully landscaped yard w/ 2 car offstreet parking. Possible rear yard expansion. Close to Fresh Pond, Belmont Center, East Arlington, bike trail, T-bus stop, and a short ride to Harvard Sq.
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| Aug 31, 2010 | Sold | ||
| Sold | |||
| Jun 24, 2010 | Listed by RE/MAX Destiny | $459,900 | |
| Listed by RE/MAX Destiny | |||
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Don't let the SqFt fool you! Awesome hse w/ NICE basement. Plus u can build up/back, too! For the price of a condo, you can enjoy the privacy of your very own house! W/ a spacious yard & 2cpking! On a low-travelled street! This one is in gorgeous condition and is like new! 2010 windows n doors! Renov'd EIK & bthrm. Bedrooms w/ large closets! A short ride to Harvard Sq, a stone's throw to Frsh Pnd. Welcome home. T-bus on crnr. OH 7/15, 6-7PM! C'mon by!
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| Apr 7, 2006 | Sold | ||
| Sold | |||
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