38 Normandy A #38
About This Property
The manager has listed the unit size as 907 square feet.
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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%.
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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 28, 2021 | No longer available | - | |
| No longer available | |||
| Apr 29, 2021 | Relisted | $139,900 | |
| Relisted | |||
| Apr 21, 2021 | No longer available | - | |
| No longer available | |||
| Apr 5, 2021 | Listed | $139,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
04/05/2021
|
2 Bed
|
2 Bath
|
907 ft²
|
$139,900
2 Bed
2 Bath
907 ft²
|
-
-
|
-
| |
|
04/02/2021
| |
2 Bed
|
2 Bath
|
907 ft²
|
$139,900
2 Bed
2 Bath
907 ft²
|
$130,000
-7.08%
07/14/2021
|
Sakeena Graham-Lyda
Signature International Real E
|
|
05/09/2014
|
2 Bed
|
2 Bath
|
907 ft²
|
$54,900
2 Bed
2 Bath
907 ft²
|
$53,500
-2.55%
10/20/2014
|
Paquita L. Roger
LAER Realty Partners Bowen/Wellington
| |
|
02/19/2013
|
2 Bed
|
2 Bath
|
872 ft²
|
$32,000
2 Bed
2 Bath
872 ft²
|
$29,000
-9.38%
05/15/2013
|
Frank Carmen Van Amburgh
Van Amburgh Properties LLC
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017