6475 Norway Road
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 22, 2022 | Sold | ||
| Sold | |||
| Jan 18, 2022 | Listed by Allie Beth Allman & Assoc. | $2,395,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
| Oct 13, 2021 | No longer available | - | |
| No longer available | |||
| Sep 26, 2021 | Price Decreased |
$2,350,000
↓ $145K
(5.8%) | |
| Price Decreased | |||
| Aug 19, 2021 | Listed by Allie Beth Allman & Assoc. | $2,495,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Architecturally significant Preston Hollow estate home on oversized corner lot. Built by Mark Molthan with exacting attention to details with stunning drive up appeal and custom home features, including soaring 20 foot ceilings and gorgeous moldings and a stunning, unique S-curve staircase. Chef’s kitchen with stainless appliances. Wine room , formal dining and open family room with stone fireplace. Primary suite has second fireplace, luxury bath with exercise alcove. One guest suite downstairs – two guest suites upstairs along with media room and game room. Outdoor living area with pool, large deck, putting green and fire pit. The manager has listed the unit size as 5935 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017