3123 Norfolk Street
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 23, 2021 | In contract | - | |
| In contract | |||
| Apr 22, 2021 | Price Decreased |
$65,000
↓ $10K
(13.2%) | |
| Price Decreased | |||
| Nov 5, 2020 | Listed | $74,900 | |
| Listed | |||
| | |||
|
LOOKING FOR AN EASY PROJECT? THIS HOME HAS GOOD BONES AND MOST OF THE WORK HAS BEEN DONE FOR YOU. NEW KITCHEN CABINETS AND STAINLESS APRON SINK ON PROPERTY, ALL YOU HAVE TO DO IS INSTALL. ORIGINAL HOME HAS 480 SQ. FEET INCLUDES KITCHEN, GUEST BEDROOM AND BATH. THERE ARE LARGE CONCRETE BLOCK ADDITIONS ADDED TO THIS HOME MAKING IT VERY SPACIOUS. LARGE CARPORT AND EXTRA WIDE DRIVEWAY. PLENTY OF SPACE FOR A BOAT OR RV. The manager has listed the unit size as 1626 square feet.
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| Jan 10, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017