23821 Norma 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 |
|---|---|---|---|
| Nov 13, 2025 | Sold | ||
| Sold | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Relisted | $420,000 | |
| Relisted | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Jul 30, 2025 | Listed by MM Realty | $420,000 | |
| Listed by MM Realty | |||
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Welcome to this beautifully upgraded home offering the perfect blend of style, comfort, and functionality. Featuring 3 bedrooms and 2 fully updated bathrooms, this move-in ready gem is designed to impress!
Step inside to find beautiful flooring throughout the main areas and stylish tile in the bathrooms, providing a sleek, modern look with durability and easy maintenance. The open-concept layout flows seamlessly from the living area to a gorgeous kitchen with lots of counter space! A few added benefits are that the laundry room is in its own room that is not considered in the square footage of the home. It has a long brick driveway that adds space for entertaining or parking extra vehicles or toys. Also the HVAC, plumbing, electric, roof, septic and upgrades have all been done within the past few years, giving the next owner peace of mind!
Every detail has been thoughtfully upgraded, giving the home a fresh feel from top to bottom. Whether you're a first-time buyer, downsizing, or looking for a turnkey investment, this home checks all the boxes.
Conveniently located, this home sits off the main busy roads, but close enough to all of the shopping, dining and freeway. Don’t miss your chance to own this stunning, fully updated property—schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017