5322 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%.
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 25, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 25, 2025 | Listed by Evan S. Howell, Inc. | $495,000 | |
| Listed by Evan S. Howell, Inc. | |||
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Spacious home on corner lot in Champions Forest. Beautiful entry into Living Areas. Cooking and entertaining are a breeze in this thoughtfully designed kitchen, featuring expansive granite countertops for effortless meal prep, premium Bosch double ovens for baking and roasting with ease, and a sleek 5-burner cooktop perfect for multitasking. The generous counter space also makes cleanup simple. Spend less time tidying up and more time enjoying your home. Walk in pantry and breakfast room. Primary bedroom on first floor with large bathroom. Kick back in the second floor game room, complete with a handy wet bar, a striking copper-tiled ceiling, and classic Tiffany light fixtures that add plenty of character and complete with a stage. Four bedrooms have walk in closets. Fenced back yard. This home offers lots of rooms for creative uses and lots of storage. 3 car garage with extra freezer and refrigerator. Spacious driveway can accommodate your extra vehicles.
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| Sep 27, 2025 | Price Decreased |
$525,000
↓ $44K
(7.7%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017