515 Normandy LN #515
About This Property
The manager has listed the unit size as 907 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 6, 2022 | No longer available | - | |
| No longer available | |||
| Jun 21, 2022 | Price Decreased |
$197,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| Jun 9, 2022 | Price Decreased |
$198,900
↓ $1K
(0.5%) | |
| Price Decreased | |||
| May 9, 2022 | Price Decreased |
$199,900
↓ $5K
(2.4%) | |
| Price Decreased | |||
| Apr 9, 2022 | Price Decreased |
$204,900
↓ $5K
(2.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/24/2022
|
2 Bed
|
2 Bath
|
907 ft²
|
$209,900
2 Bed
2 Bath
907 ft²
|
-
-
|
Juan Larrazabal
Global Luxury Realty LLC
| |
|
12/03/2021
| |
2 Bed
|
2 Bath
|
907 ft²
|
$92,000
2 Bed
2 Bath
907 ft²
|
$90,000
-2.17%
01/18/2022
|
Nino I Cardoso
VantaSure Realty LLC
|
|
02/09/2021
| |
2 Bed
|
2 Bath
|
907 ft²
|
$75,000
2 Bed
2 Bath
907 ft²
|
$73,000
-2.67%
04/23/2021
|
Lucie Perfetto
Coldwell Banker
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017