3830 NORMANDY DRIVE #1A
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 9, 2019 | No longer available | - | |
| No longer available | |||
| May 28, 2019 | Listed | $169,900 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/07/2026
|
2 Bed
|
2 Bath
|
1200 ft²
|
$259,900
2 Bed
2 Bath
1200 ft²
|
-
-
|
Sonya Francis
RE/MAX Solutions
| |
|
03/05/2026
|
2 Bed
|
1 Bath
|
-
|
$225,000
2 Bed
1 Bath
|
$231,500
+2.89%
03/27/2026
|
Stacey A. Longo
Northrop Realty
| |
|
06/15/2023
|
2 Bed
|
2 Bath
|
-
|
$225,000
2 Bed
2 Bath
|
$215,000
-4.44%
07/11/2023
|
Carol Fertitta
Berkshire Hathaway HomeServices Homesale Realty
| |
|
05/28/2019
|
2 Bed
|
2 Bath
|
-
|
$169,900
2 Bed
2 Bath
|
-
-
|
-
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
877 ft²
|
-
2 Bed
2 Bath
877 ft²
|
-
-
|
-
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017