3810 NORMANDY DR #2A
About This Property
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Compass | $230,000 | |
| Listed by Compass | |||
| | |||
|
Bright & Updated Condo in a Quiet Community. Move right into this beautifully maintained condo with updated windows 2023, appliances installed in 2022, and freshly painted throughout. The condo association recently replaced the roof in 2022, offering peace of mind and added value. The primary bedroom features a rough-in, giving you the option to easily add a full bath for extra convenience and functionality. Located in a quiet neighborhood with ample parking, this building also includes an elevator for easy access to all floors. Enjoy the tranquility of the community while staying close to the charm of Main Street Hampstead where all of the community activities take place, and major commuting routes. This condo is an excellent opportunity for buyers seeking affordability and accessibility, with HOA/condo fees currently set to increase to $340/month starting January 1, 2025. Don’t miss the chance to own this comfortable and conveniently located condo. Schedule your showing today!
| |||
| Feb 7, 2023 | Sold | ||
| Sold | |||
| Jan 6, 2023 | Listed by Monument Sotheby's International Realty | $220,000 | |
| Listed by Monument Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/07/2024
|
2 Bed
|
1 Bath
|
1100 ft²
|
$230,000
2 Bed
1 Bath
1100 ft²
|
$230,000
12/16/2024
|
Veronica Sniscak
Compass
| |
|
02/24/2023
|
2 Bed
|
1 Bath
|
-
|
$225,000
2 Bed
1 Bath
|
$215,000
-4.44%
04/03/2023
|
Thomas Czajkowski
Monument Sotheby's International Realty
| |
|
01/06/2023
|
2 Bed
|
1 Bath
|
1100 ft²
|
$220,000
2 Bed
1 Bath
1100 ft²
|
$215,000
-2.27%
02/07/2023
|
Thomas Czajkowski
Monument Sotheby's International Realty
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017