230 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%.
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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 |
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| May 7, 2026 | Sold | ||
| Sold | |||
| May 1, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Keller Williams Heritage | $694,000 | |
| Listed by Keller Williams Heritage | |||
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Located in one of the most prestigious and beloved pockets of Alamo Heights, just west of Broadway and surrounded by the historic charm that makes this area so highly sought after, 230 Normandy Ave brings classic 1927 architecture beautifully into the 2020s. This renovated one-story residence offers 3 bedrooms, 2.5 baths, and 1,848 sq. ft. in the main home, plus a separate 687 sq. ft. casita that gives the property a rare level of flexibility in the heart of Alamo Heights. Inside the main home, you'll find a polished blend of modern design and preserved historic character. Updated windows, a renovated kitchen, updated appliances, custom cabinetry, two living areas, and a bright open flow create a fresh, livable feel, while cedar closets, older doors, and classic hardware keep the soul of the original home intact. The main flooring areas are ready for the buyer's custom finish, offering the opportunity to complete the look with full concrete epoxy or a similar designer flooring option selected to match their own style. The detached casita, added in 2023, is a major standout with its own living area, kitchen, bedroom, and full bathroom. Whether used for extended family, private guest quarters, a home office, creative studio, fitness space, or potential long-term rental use, this additional dwelling gives buyers options that are incredibly hard to find in this location. Buyers are also allowed to choose polished concrete or similar options for their flooring before closing! The backyard has been designed for privacy, function, and low-maintenance living with a 6.5 ft perimeter privacy fence, turf area between the main home and casita, pet-friendly outdoor space, xeriscaping, sod, sprinklers, masonry work, and a large storage shed for landscaping tools and additional storage. A very long side driveway parking is adequate for 3 cars, sidewalks, curbs, and a 0.17-acre lot complete the setup. And then there is the location - this is where 230 Normandy truly separates itself. The home is located in the highly prestigious Alamo Heights School District, with Alamo Heights High School noted by the homeowners as ranking within the top 1% in the United States. You're also just steps from Broadway, with walkable access to the Alamo Heights Bark Park, family-owned restaurants, coffee shops, boutiques, community events, Heights Pool & Club, nearby parks and shaded trails, the McNay, the Witte, Brackenridge Park, the Japanese Tea Garden, the San Antonio Zoo, The DoSeum, Central Market, Trader Joe's, The Pearl, downtown, and quick access to the airport and major highways. Historic Alamo Heights character, modern renovation, a private casita, a highly coveted school district, and walkability to the lifestyle people move here for - this is not just a home, it's the Alamo Heights cheat code.
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| Mar 27, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by Phyllis Browning Company | $699,000 | |
| Listed by Phyllis Browning Company | |||
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Elegantly renovated one-story residence nestled in the heart of Alamo Heights. Recently upgraded kitchen, pristine new flooring, and custom cabinets have all been thoughtfully incorporated. An expansive rear casita was thoughtfully added in 2023, boasting a complete living area, well-appointed kitchen, as well as a separate bedroom and bathroom. A palette of refined neutrals graces both domiciles, creating a harmonious atmosphere. The backyard has been transformed with lush turf, complemented by a newly erected tall privacy fence in July 2023. The main house features a generously sized kitchen that seamlessly flows into the open living space. A fresh coat of paint embellishes both residences. Don't overlook the myriad of enhancements that adorn this superbly situated abode.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017