611 Norwynn
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 |
|---|---|---|---|
| May 4, 2024 | No longer available | - | |
| No longer available | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 8, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2023 | Listed by Realty Vault | $849,900 | |
| Listed by Realty Vault | |||
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Get your checklist out! 2.375% ASSUMABLE Mortgage, Large ACCESSIBLE lot, Circle Driveway, private cul-de sac, Low taxes, NO HOA, and PAID off Solar. I think this might be the one you want to see. What stands out about this home, is the fact you can access the nearly one-acre lot from multiple sides. If you are looking to build an ADU separately from the main house this lot is perfect! If you are looking for light farming / agricultural this lot is perfect for that as well! Coming in just under an acre, this parcel seems much larger because of its allocation. The main house is a nice blend of old and new, with upgraded features like a new master bathroom and upgraded floors, while still maintaining a traditional farm house look. The manager has listed the unit size as 1812 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017