32 Norman 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 |
|---|---|---|---|
| Aug 27, 2020 | Sold | ||
| Sold | |||
| Jul 28, 2020 | Sold | ||
| Sold | |||
| Jun 13, 2020 | No longer available | - | |
| No longer available | |||
| Jun 11, 2020 | In contract | - | |
| In contract | |||
| Apr 11, 2020 | Listed by Coldwell Banker Res Brokerage | $1,999,998 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Sophisticated Grand Center Hall 6Br/4.1BA Colonial home with two-story entry hall in beautiful Greenhaven on large private and manicured property with specimen plantings. Entertain fabulously, in a sunken living room with gas fireplace and custom serving bar, sophisticated dining room, family room with fireplace and a bright eat-in gourmet kitchen with sliding doors to deck that leads to a spacious private back yard for great entertaining. Master bedroom suite features another wood-burning fireplace, vaulted ceiling, renovated bath and walk in dressing room with lots of closets. Four additional generously proportioned family bedrooms complete the upstairs. Downstairs lower level features a large play space, workout area, 1500+ bottle wine cellar, and excellent storage. Stroll over to the deeded beach that includes mooring rights and take out your kayak! Maneuver a virtual tour here: https://my.matterport.com/show/?m=QvshkjqgJWq The manager has listed the unit size as 5009 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017