3301 N Normandy Avenue
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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 |
|---|---|---|---|
| Apr 1, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by xr realty | $517,000 | |
| Listed by xr realty | |||
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This beautifully renovated corner ranch in the Schorsch Village area is a must-see! The property boasts 3 spacious bedrooms and 2 bathrooms on the main floor, with new hardwood floors and fixtures in the living and dining room, and a lovely kitchen with white cabinets, quartz countertops and new stainless steel appliances. The huge basement is perfect for an in-law apartment, with an additional 1 bedroom, 1 bathroom, a second full kitchen with quartz countertops, appliances, a wine cooler, porcelain tile, and a laundry room. The attached 2 1/2 car garage has an epoxy floor, and outside there is a nice patio with a French door, new concrete and a fenced yard. This location is conveniently close to local schools, public transportation, and just minutes away from shops, restaurants, Shabbona Park, Harlem Irving Plaza shopping center, and more!
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| Dec 6, 2021 | Sold | ||
| Sold | |||
| Sep 13, 2021 | Listed by Landmark & Property Group, Inc | $340,000 | |
| Listed by Landmark & Property Group, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017