4530 Normandy Avenue
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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 |
|---|---|---|---|
| Aug 22, 2023 | Sold | ||
| Sold | |||
| Mar 23, 2023 | Listed by Allie Beth Allman & Assoc. | $1,645,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Stunning 4 bedroom with 3.1 baths in the highly coveted Highland Park School District. The elegant Mediterranean exterior also includes a private courtyard and a 2 car attached garage. Open floor plan, with living room, kitchen, and dining room on the first floor with a delightful view of the courtyard. Well-equipped Gourmet kitchen has Wolf and SubZero appliances, double oven, granite countertops, a large island with ample cabinet space, and two built-in wine fridges with additional wine storage. The third-floor media room with a projection screen and a guest suite is a wonderful addition.
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About University Park
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017