5
Map
295 Normandy 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 |
|---|---|---|---|
| Mar 10, 2021 | Sold | ||
| Sold | |||
| Sep 25, 2020 | Listed by Dale Sorensen Real Estate Inc. | $375,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| Sep 24, 2020 | No longer available | - | |
| No longer available | |||
| Jun 22, 2020 | Listed | $349,900 | |
| Listed | |||
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Build your dream home on this gorgeous Indialantic Lake front .31 lot located in the prestigious gated Community of The Cloisters! Rare find! Prime residential lake front property! Enjoy the amenities such as tennis courts, club house and community pool. Zoned for our ''A'' rated schools. Close to the beach, shopping, and local restaurants. Natural gas available. Cleared and ready to build!
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| Jun 21, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017