699 Normandy O
About This Property
AC-2012
Kings Point amenities include two 18-hole golf courses; pools; an indoor resistance pool, tennis, pickle ball, exercise studio, just to name a few of the many activities offered. There's also a state-of-the-art theatre, East End Cafe and The Bistro. There's always something to do in this 55+ community which also offers attended gate and courtesy shuttle for safety and convenience.
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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 |
|---|---|---|---|
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 10, 2023 | Listed by Homes of Distinction Realty | $170,000 | |
| Listed by Homes of Distinction Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/10/2023
| |
2 Bed
|
2 Bath
|
907 ft²
|
$170,000
2 Bed
2 Bath
907 ft²
|
$160,000
-5.88%
02/28/2023
|
Terry Eichas
Homes of Distinction Realty
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017