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5124 Norma Street
About This Property
Older home that has been completely remodeled in the last few months. New kitchen, new bathroom, new flooring and new texture and paint all throughout the house. Too much to list. Must see to appreciate. Convenient access to highway 114 and quick access to schools and downtown. Great starter home or excellent or investment property. This home has been virtually staged to illustrate its potential.. Home comes with a 100-Day Home Warranty
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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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$225,000
↓ $7K
(3%) | |
| Price Decreased | |||
| Sep 3, 2026 | Price Decreased |
$232,000
↓ $7K
(2.9%) | |
| Price Decreased | |||
| Aug 20, 2026 | Price Decreased |
$239,000
↓ $7K
(2.9%) | |
| Price Decreased | |||
| Jul 30, 2026 | Relisted | $246,000 | |
| Relisted | |||
| Jul 13, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017