540 NORMANDY AVE
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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.
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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 11, 2009 | Sold | ||
| Sold | |||
| Oct 27, 2009 | Listed by Keller Williams Heritage | $199,900 | |
| Listed by Keller Williams Heritage | |||
| Jan 9, 2007 | Sold | ||
| Sold | |||
| Aug 26, 2006 | Listed by Rubiola Realty | $269,000 | |
| Listed by Rubiola Realty | |||
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**Square footage DOES NOT include guest house** Primed for an architect's vision ( total renovation)for this 1930' s cottage perched above flood plain open space on La Jara- NO NEIGHBORS ALONG RIGHT SIDE- 'Guest House' or separate outbuilding has master suite w/ 700 sf of awesome updated space. ( a/o 1975)Includes huge family room /office w vaulted ceiling, fully equipped kitchen, large bedroom w/ full bath-
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017