279 Norm Street
About This Property
Step inside to a bright, inviting living area filled with natural light from abundant windows. The dining space flows seamlessly into the updated kitchen, featuring custom cabinetry, striking black granite countertops, an electric freestanding range, built-in dishwasher, and microwave - perfectly designed for everyday living and entertaining.
Both bedrooms offer comfortable, functional space, while the beautifully updated bathroom showcases custom cabinetry, dual vanities, granite countertops, and a tiled walk-in shower.
Outside, you'll love the expansive backyard with endless possibilities for entertaining, gardening, or future additions. The property also features a carport for covered parking plus dedicated RV parking, providing extra convenience for recreational vehicles, boats, or trailers.
Additional highlights include wood-look laminate flooring throughout and energy-efficient double-pane windows.
A wonderful opportunity to enjoy updated living with land and versatility - all in a fantastic China Spring location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 1, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 19, 2026 | Price Decreased |
$229,900
↓ $10K
(4.2%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$240,000
↓ $10K
(4%) | |
| Price Decreased | |||
| Feb 7, 2026 | Listed by Graceland Real Estate | $250,000 | |
| Listed by Graceland Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017