5 Norfolk
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 |
|---|---|---|---|
| Jul 24, 2020 | Sold | ||
| Sold | |||
| Nov 20, 2015 | Sold | ||
| Sold | |||
| Oct 15, 2015 | Listed by Aberman Associates, Inc. | $519,900 | |
| Listed by Aberman Associates, Inc. | |||
| Oct 16, 2014 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Listed by Coldwell Banker Realty - Westwood | $225,000 | |
| Listed by Coldwell Banker Realty - Westwood | |||
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Wooded level 1/2 acre lot close to the High Schooll and downtown. Must be cash buyer. Five bedrooms, sun porch and large barn also included.Needs new septic.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017