39
Map
489 Normandy K #489
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%.
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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 |
|---|---|---|---|
| Sep 14, 2021 | Sold | ||
| Sold | |||
| Jun 30, 2021 | Listed by Canvas Real Estate | $170,000 | |
| Listed by Canvas Real Estate | |||
| Oct 1, 2014 | Sold | ||
| Sold | |||
| Aug 14, 2014 | Listed by Liguori Homes & Investments In | $64,499 | |
| Listed by Liguori Homes & Investments In | |||
| | |||
|
REGULAR SALE IN KINGS POINT--2 BEDROOM 2 BATH CLEAN 1ST FLOOR UNIT--ALL TILE--ALL APPLIANCES--UPDATED KITCHEN WITH GRANITE COUNTERS--ALL AMENITIES-ENCLOSED TILED PATIO---UTILITY/LAUNDRY ROOM -- MASTER HAS 4X9 WALK IN CLOSET----PRESENT OFFERS -- EZ TO S HOW
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/30/2021
|
2 Bed
|
2 Bath
|
907 ft²
|
$170,000
2 Bed
2 Bath
907 ft²
|
$168,000
-1.18%
09/14/2021
|
Rachel Jimenez
Canvas Real Estate
| |
|
03/20/2020
| |
2 Bed
|
2 Bath
|
907 ft²
|
$84,900
2 Bed
2 Bath
907 ft²
|
$64,500
-24.03%
03/05/2021
|
Patricia A Ashford
Signature International RE
|
|
08/14/2014
|
2 Bed
|
2 Bath
|
907 ft²
|
$64,499
2 Bed
2 Bath
907 ft²
|
$61,000
-5.42%
10/01/2014
|
Pete Masiello
Liguori Homes & Investments In
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017