3 Norwich Place
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 |
|---|---|---|---|
| May 8, 2020 | Sold | ||
| Sold | |||
| Feb 3, 2020 | Listed by RE/MAX Encore | $939,900 | |
| Listed by RE/MAX Encore | |||
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Meticulously maintained Colonial style home located in coveted Somerset Village Subdivision; secluded cul de sac w/ private lg yard. Great flow, generous floor plan, upgrades & amenities abound. Formal LR & separate DR surround the heart of the home, an oversized kitchen w/ loads of cabinets, granite countertops, stone backsplash & SS Appliances. The open floor plan allows ease & versatility for family time & large holiday celebrations. The generous size FR features built-ins, stone front wood burning FP & an abundance of windows for natural light. In addition, french door invites you to upgraded composite deck overlooking tree filled backyard. First floor office has hardwd flooring & located in rear of home for quiet time. Upstairs features 4 generous size bedrms & new carpeting. Master w/ en suite, lg front to back walk-in closet, master bath w/ double sinks, shower stall & jucuzzi tub. Finished lower level with full size windows.
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| Dec 16, 2019 | No longer available | - | |
| No longer available | |||
| Oct 24, 2019 | Listed by RE/MAX Partners | $939,900 | |
| Listed by RE/MAX Partners | |||
| Nov 23, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017