625 Norwood Drive
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 |
|---|---|---|---|
| Apr 30, 2024 | No longer available | - | |
| No longer available | |||
| Mar 14, 2024 | In contract | - | |
| In contract | |||
| Feb 24, 2024 | Listed by Redfin Corporation | $279,900 | |
| Listed by Redfin Corporation | |||
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This move-in ready, one-story gem boasts an array of features that cater to modern living. Standout feature is the inclusion of solar panels, a rare find that will not only reduce your carbon footprint but also save you money. The solar panels will be fully paid for at closing, ensuring that buyers benefit of lower energy costs. Thoughtfully updated with a new laundry room & bathroom, as well as a fully remodeled kitchen & new flooring throughout. Kitchen features modern appliances, sleek countertops & ample storage space. Screened-in oversized back porch, perfect for enjoying your morning coffee or hosting gatherings. The porch overlooks a huge fenced backyard, complete with mature, majestic shade trees. Additionally, the home is equipped with a tankless water heater, providing you with endless hot water. Generator hookup outlet! Refrigerator, washer-dryer to convey. Located in a quiet neighborhood! A must-see for those seeking a comfortable and eco-friendly lifestyle. The manager has listed the unit size as 1238 square feet.
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| Mar 10, 2022 | Sold | ||
| Sold | |||
| Feb 8, 2022 | Listed by Coldwell Banker Realty | $199,999 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017