51 Norris Drive
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 |
|---|---|---|---|
| Aug 12, 2022 | Sold | ||
| Sold | |||
| May 27, 2022 | Listed by Charlene's Lakeside Realty | $469,900 | |
| Listed by Charlene's Lakeside Realty | |||
| Jul 30, 2017 | Listed | $295,000 | |
| Listed | |||
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|
Extremely wonderful lot w/deep water views,140 ft of waterfront,only 4 Minutes from Downtown Hartwell w/single slip covered dock.Private location is prime w/only a few neighboring homes.4 bedrooms & 2 baths,Great Room w/stone fireplace equipped w/gas logs,Large Kitchen w/bar seating,Dining Room,huge pantry & Laundry Room.Master Suite features walk in closet,Master Bath w/his & her sinks,separate shower & garden tub.Split bedroom plan w/3 secondary bedrooms & 2nd full bath.Outside is a lake side screen porch,deck & an incredible easy walk to the lake & views not to be missed.There is a double carport,single carport & 24 x 24 storage building/workshop w/power & lean to for additional storage. Circular drive provides extra parking.The manager has listed the unit size as 2387 square feet.
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| Jul 9, 2017 | Listed | $295,000 | |
| Listed | |||
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Extremely wonderful lot with deep water views, 140 feet of waterfront, only 4 Minutes from Downtown Hartwell with single slip covered dock. Private location is prime with only a few neighboring homes. Four bedrooms and two baths, Great Room with stone fireplace equipped with gas logs, Large Kitchen with bar seating, Dining Room, huge pantry and Laundry Room. Master Suite features walk in closet, Master Bath with his and her sinks, separate shower and garden tub. Split bedroom plan with three secondary bedrooms and second full bath. Outside is a lake side screen porch and deck and an incredible easy walk to the lake and views not to be missed. There is a double carport, single carport and 24 x 24 storage building/workshop with power and lean to for additional storage. Circular drive provides extra parking.The manager has listed the unit size as 2387 square feet.
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| Aug 1, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017