5445 Noralee CIRCLE #1
About This Property
OWNER FINANCING AVAILABLE with 50% down, 5 yr balloon with 15 yr amortization at 7%.
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/22/2023
|
Loft
|
-
|
332 ft²
|
$879,900
Loft
-
332 ft²
|
$650,000
-26.13%
06/02/2023
|
Susan Geitner
ADVANTAGE REALTY 1
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017