550 Normandy L 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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by Realty Home Advisors Inc | $134,900 | |
| Listed by Realty Home Advisors Inc | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/20/2023
| |
2 Bed
|
2 Bath
|
907 ft²
|
$235,000
2 Bed
2 Bath
907 ft²
|
-
-
|
Fiona Barone
EXP Realty LLC
|
|
01/18/2022
| |
2 Bed
|
2 Bath
|
907 ft²
|
$170,000
2 Bed
2 Bath
907 ft²
|
$170,000
03/01/2022
|
Gia Marie Freer
PBP Real Estate LLC
|
|
05/18/2020
| |
2 Bed
|
2 Bath
|
907 ft²
|
$134,900
2 Bed
2 Bath
907 ft²
|
$125,000
-7.34%
10/30/2020
|
Marcelo C Leon
Realty Home Advisors Inc
|
|
07/07/2019
| |
2 Bed
|
2 Bath
|
907 ft²
|
$134,900
2 Bed
2 Bath
907 ft²
|
-
-
|
-
|
|
02/16/2017
| |
2 Bed
|
2 Bath
|
907 ft²
|
$57,900
2 Bed
2 Bath
907 ft²
|
$50,000
-13.64%
07/06/2017
|
Tom Russell
Luxury Real Estate Group LLC
|
|
02/22/2012
|
2 Bed
|
2 Bath
|
883 ft²
|
$24,900
2 Bed
2 Bath
883 ft²
|
$21,000
-15.66%
05/30/2012
|
BEN SCHACHTER
SIGNATURE FIRST COAST REALTY
|
Building Info
About Kings Point
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$7,900 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017