4627 Norhill Boulevard
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 |
|---|---|---|---|
| Aug 2, 2024 | Sold | ||
| Sold | |||
| Jul 12, 2024 | In contract | - | |
| In contract | |||
| Jun 13, 2024 | Listed by Corcoran Prestige Realty | $849,000 | |
| Listed by Corcoran Prestige Realty | |||
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Located directly across from the northern Norhill Esplanade, this historic bungalow is the perfect place to call home. Updated plumbing, electrical, HVAC, as well as automatic sprinklers and whole house generator provides all the luxuries of modern construction while still maintaining its original architectural charm. The detached garage was finished out in 2023 to consist of an air conditioned "man cave", full bath, and guest bedroom/office space, adding an additional 482 SF of livable space. Nestled away from any major through streets, you can enjoy quiet nights and reduced through traffic while still being a short distance from eateries and shops.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017