3307 Norcross Lane
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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 14, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by eXp Realty, LLC | $539,900 | |
| Listed by eXp Realty, LLC | |||
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Move-In ready in Sparkman Club Estates! This home has an incredible floorplan w spacious living areas & an open, UPDATED kitchen; beautiful engineered hardwood floors throughout the downstairs; recessed lighting; generously sized bedrooms with carpet; an updated master bath has frameless glass shower & double sinks, and an updated secondary bath. Located a short walk to the Northaven Trail & Sparkman clubhouse with swim tennis & year-round activities. Private backyard with automatic gate enclosing the driveway. Transferable foundation warranty. Owners within Sparkman Club boundaries have the right to apply for membership to the private community club, which includes access to the pool and tennis courts!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017