62 Norman Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 27, 2024 | No longer available | - | |
| No longer available | |||
| Jul 30, 2024 | Listed by Compass | $4,500 | |
| Listed by Compass | |||
| | |||
|
This inviting colonial home is situated in the highly desirable east side neighborhood of Melrose, within walking distance of Bellevue Country Club. It features three spacious bedrooms with ample closet space. The primary bedroom has been recently painted white, enhancing its bright and fresh feel. The home boasts a front-to-back fireplace in the living room, complete with chair rails and moldings, which have also been freshly painted. The formal dining room includes elegant moldings and chair rails, creating a sophisticated atmosphere for meals.The white kitchen is equipped with granite countertops and newer appliances, offering both style and functionality. The finished lower level serves as a perfect family room, providing extra living space. Additional amenities include a one-car garage, plenty of driveway parking, a flat backyard ideal for entertaining, and a charming screened porch perfect for summer nights. Don't miss this rental opportunity on a great street.
| |||
| May 5, 2020 | Sold | ||
| Sold | |||
| Mar 11, 2020 | Listed by Leading Edge Real Estate | $689,900 | |
| Listed by Leading Edge Real Estate | |||
| Aug 22, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017