40581 Norman
About This Property
Don't miss this unique chance to own a beautifully laid-out ranch-style home located in the heart of Beaumont, set on a generous 1-acre lot with endless potential!
This charming home features an open floor plan with ample space for both formal dining and a comfortable living area with a cozy den - perfect for entertaining or relaxing with family. The layout also includes an optional 4th bedroom, offering flexibility for a home office, guest room, or hobby space.
The primary suite boasts a walk-in closet, along with a separate tub and shower for added comfort and convenience.
Outside, you'll find RV parking and plenty of room to store your toys - whether it's boats, trailers, or off-road vehicles. With this much land, the possibilities are endless!
This is a must-see property for anyone looking for space, privacy, and city convenience all in one.
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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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Dec 14, 2025 | In contract | - | |
| In contract | |||
| Oct 6, 2025 | Listed by PAK HOME REALTY | $658,888 | |
| Listed by PAK HOME REALTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017