38 Norman Rd
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 25, 2022 | Sold | ||
| Sold | |||
| Apr 23, 2022 | Listed by Fortin Realtors | $224,900 | |
| Listed by Fortin Realtors | |||
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Nestled on a quiet lot in a 55+ park, this spacious 2005 16 ft wide mobile home features 2 large bdrms at opposite ends, bright and cozy sunroom overlooking the back yard, central a/c, natural gas heating stove as an extra and great location not far from the ocean. Deck, shed and new roof and newer furnace. Nothing left to be done in the near future. Family is in the process of emptying home so please try to look past belongings at the main structure. Will be done prior to clsoing. Some belongings can stay if new buyer wishes.
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| Aug 8, 2018 | Sold | ||
| Sold | |||
| Jun 12, 2018 | Listed by Churchill Properties | $179,900 | |
| Listed by Churchill Properties | |||
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Location, location, location, only 1 mile to the beach! Nestled in the pines in Stoneybrook Park, this 2005 Burlington home boasts wood frame construction with sheetrock walls. 2 bdrm, 2 full bths. Come and view this outstanding home in a 55+ park. Spacious master bedroom with bath, sun room off the kitchen offers fabulous additional living space, an added bonus there is a shed with electric, gas fireplace in the family room, fire pit in the backyard and cozy bench to enjoy this large level yard. All appliances stay as well as window treatments.This park is pet friendly. Come take a look and make this spacious home yours today.
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| Aug 10, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017