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Map
472 Normandy J #472
About This Property
This second-floor condo has been freshly painted, and the carpets have been professionally cleaned, making it move-in ready. This home has been well cared for and is in original condition. Ready for a remodel and priced accordingly. Clubhouse photos are included in the photos section.
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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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Jan 3, 2025 | In contract | - | |
| In contract | |||
| Dec 27, 2024 | Price Decreased |
$59,000
↓ $5K
(7.8%) | |
| Price Decreased | |||
| Nov 23, 2024 | Price Increased |
$64,000
↑ $5K
(8.5%) | |
| Price Increased | |||
| Oct 1, 2024 | Listed by Lang Realty/Delray Beach | $59,000 | |
| Listed by Lang Realty/Delray Beach | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/01/2024
|
1 Bed
|
2 Bath
|
760 ft²
|
$69,000
1 Bed
2 Bath
760 ft²
|
$56,000
-18.84%
01/29/2025
|
Greta Dean
Lang Realty/Delray Beach
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017