7 Normandy 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 |
|---|---|---|---|
| Jun 1, 2020 | Sold | ||
| Sold | |||
| Mar 17, 2020 | No longer available | - | |
| No longer available | |||
| Mar 13, 2020 | In contract | - | |
| In contract | |||
| Mar 8, 2020 | Listed by Realty Connect USA L I Inc | $349,900 | |
| Listed by Realty Connect USA L I Inc | |||
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Lots of potential in this CLEAN 3 BR, 1.5 bth farm ranch with living room/dining room, eat in kitchen, laundry rm, 1 car garage. Features huge unfinished walk up attic, easily expandable to 2 additional bedrooms and 2nd full bathroom. Home sits on fenced 1/4 acre with IG pool, on quiet side walk block. Bring your imagination and customize your new home. Located in south Holbrook, close to all major transportation routes in the Sachem SD, with low taxes, only $7,270.20 with basic STAR exemption
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| Feb 19, 2020 | Listed by Executive Group Realty | $349,900 | |
| Listed by Executive Group Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017