4101 Norborne Road
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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 12, 2025 | In contract | - | |
| In contract | |||
| Apr 21, 2025 | Relisted | $253,750 | |
| Relisted | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by United Real Estate Richmond | $253,750 | |
| Listed by United Real Estate Richmond | |||
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BACK ON THE MARKET - Due to no fault of the seller
UPGRADES - New roof, New electric HVAC
Charming, three-bedroom brick ranch with a spacious yard; a must see! Welcome to this delightful three bedroom, one and a half bath rancher nestled on a corner lot, in a quiet and well established neighborhood. This home is perfect for first time homebuyers, downsizers or anyone looking for easy one level living. This home offers a blend of comfort and convenience. Step inside to find a bright and airy living room with a large window that fills the space with natural light. The open concept kitchen and dining area provide the perfect setting for family gatherings featuring ample cabinet space and modern appliances. Each of the three bedrooms are spacious and inviting offering plenty of closet space. The primary bedroom includes a private half bath for additional convenience, while the full bath is beautifully updated and centrally located. Outside enjoy a large backyard ideal for summer barbecues, gardening, or simply unwinding in your own private retreat. This home is conveniently located near schools, shopping, dining and major highways, making commuting a breeze. Don’t miss your chance to own this charming rancher! Schedule your showing today.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017