55 Norman St
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 |
|---|---|---|---|
| Dec 31, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Nov 21, 2024 | Listed by Landmark, REALTORS® | $274,900 | |
| Listed by Landmark, REALTORS® | |||
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Come See & Fall in love with this wonderful blend of Classic Colonial charm & modern improvements. Gleaming NEWLY redone hardwood floors in ALL rooms except baths. The bright cozy eat in kitchen has Tile backsplash, undermount lighting, Stainless Steel Refrigerator & GAS stove, walk-in pantry closet & Ceiling Fan. Livingroom has French door entry, ceiling fan & is bursting with natural light! Dining room is very spacious with lots of windows & Opens to LR, Oh... and there's an adorable 1/2 bath! The Upstairs has 3 spacious bedrooms, hall reading nook, and ceramic tile bath. Step out the back Porch to a great enclosed yard with lots of perennial plantings, a PATIO, a GAZEBO area, & Garage. Gas BOILER (Feb 2021), Range (10yrs) refrigerator (4yrs) GAS HWT (2017) Architectural Shingle ROOF (18 yrs) Washer(2yrs). Low maintenance Aluminum Sided Exterior & Replacement Windows. This home is MOVE IN READY & offers easy accessibility to highways!
| |||
| Jun 30, 2005 | Sold | ||
| Sold | |||
| May 16, 2005 | Listed by Landmark, REALTORS® | $139,900 | |
| Listed by Landmark, REALTORS® | |||
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Address: 335 Madison Avenue, New York, NY 10017