641 Normandy Lane
About This Property
Patio has windows and laundry closet with full size washer/dryer. This unit has easy access to the mailbox and parking space is close by also!
So much to do in Kings Point! Clubhouse is very nice. 55+ community. This unit can be rented right away. New Owner fee of $1500 to community.
Call for a showing!
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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 |
|---|---|---|---|
| Apr 8, 2021 | Sold | ||
| Sold | |||
| Dec 21, 2020 | Listed by Coldwell Banker | $118,000 | |
| Listed by Coldwell Banker | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/19/2023
|
2 Bed
|
2 Bath
|
907 ft²
|
$174,900
2 Bed
2 Bath
907 ft²
|
$172,000
-1.66%
03/27/2023
|
Maria D'Palo
La Rosa Realty, LLC
| |
|
12/21/2020
| |
2 Bed
|
2 Bath
|
907 ft²
|
$118,000
2 Bed
2 Bath
907 ft²
|
$113,000
-4.24%
04/08/2021
|
Donna M Aronson
Coldwell Banker
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017