5227 Norborne Lane
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%.
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 19, 2024 | Sold | ||
| Sold | |||
| Jul 26, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Relisted | $539,990 | |
| Relisted | |||
| Jun 29, 2024 | Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | $539,990 | |
| Listed by Better Homes and Gardens Real Estate Gary Greene - Champions | |||
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This Majestic Family Home has a 3-Car Garage, Circle Drive, Gated Porte Cochere, and Tremendous Curb Appeal with Meticulous Landscaping. Step Inside to a Foyer with 2 Story Ceilings, and an Elegant Curved Staircase Flanked by the Formal Living & Dining Room. The Kitchen has Granite Counters, Double Oven, Walk-In Pantry, Gas Island Cooktop, & Breakfast Area. The Family Room has Peaceful Backyard Views and Space to Entertain or Relax around the Cozy Fireplace. Also, Find a Private Study with Dual Entry, Warm Wood Paneling, Custom Built-Ins, & Fireplace. The Primary with Ensuite Bath has 2 Walk-In Closets, Dual Vanities, Shower, & a Massive Tub! Upstairs are 4 Substantial Bedrooms accessible from the Front or Back Staircase, as well as a Jack & Jill and Hollywood Bath. The Upstairs Game Room has a Vaulted Ceiling w/Beams, a Bar Perfect for Movie Snacks, & its own Fireplace. Lastly a Serene Backyard with Expansive Covered Patio, Beautiful Flowers, and Mature Trees. Come See this Gem Today.
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| May 28, 2024 | Listed | $544,900 | |
| Listed | |||
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This Majestic Family Home has a 3-Car Garage, Circle Drive, Gated Porte Cochere, and Tremendous Curb Appeal with Meticulous Landscaping. Step Inside to a Foyer with 2 Story Ceilings, and an Elegant Curved Staircase Flanked by the Formal Living & Dining Room. The Kitchen has Granite Counters, Double Oven, Walk-In Pantry, Gas Island Cooktop, & Breakfast Area. The Family Room has Peaceful Backyard Views and Space to Entertain or Relax around the Cozy Fireplace. Also, Find a Private Study with Dual Entry, Warm Wood Paneling, Custom Built-Ins, & Fireplace. The Primary with Ensuite Bath has 2 Walk-In Closets, Dual Vanities, Shower, & a Massive Tub! Upstairs are 4 Substantial Bedrooms accessible from the Front or Back Staircase, as well as a Jack & Jill and Hollywood Bath. The Upstairs Game Room has a Vaulted Ceiling w/Beams, a Bar Perfect for Movie Snacks, & its own Fireplace. Lastly a Serene Backyard with Expansive Covered Patio, Beautiful Flowers, and Mature Trees. Come See this Gem Today.
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Property Highlights
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About Woods of Wimbledon
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017