514 Normandy Avenue
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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 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 27, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $690,000 | |
| Listed | |||
| | |||
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This charming colonial home has 5 bedrooms, 2.5 bathrooms, with 1,683 square feet of living space, updated bathrooms, newly installed windows and exterior doors, new kitchen appliances, and upgraded light fixtures. When you enter the home you are welcomed into a spacious family room with a beautiful brick fireplace and wood mantle. The family room opens up to the adjacent dining room which flows into the kitchen complete with new appliances, farmhouse sink, quartz countertops, Carrera marble backsplash, ample storage space, and more. All bedrooms are upstairs. The Master bathroom and downstairs powder room have granite countertops and Thomasville cabinets. The second bathroom upstairs has quartz countertop, custom cabinets, and wainscoting. The backyard has a covered brick patio ideal for entertaining and open lawn with a variety of trees—avocado, lemon, key lime, peach, apple, orange, blood orange, mandarin, and grapefruit. Located in the highly desired Placentia-Yorba Linda Unified School District, this home will not be on the market long! The manager has listed the unit size as 1683 square feet.
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| May 22, 2018 | Listed by IMPACT Properties, Inc | $690,000 | |
| Listed by IMPACT Properties, Inc | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017