7020 Norma Street
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 9, 2021 | Sold | ||
| Sold | |||
| May 1, 2021 | Listed by Rico Realty | $239,900 | |
| Listed by Rico Realty | |||
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Cozy yet spacious 3 bed and 2 bath home in Fort Worth. Perfect for a growing family. Great area near schools, shopping and entertainment… 10 minutes from Lake Arlington and 15 minutes from Six Flags. Upgrades galore! New texture throughout the house including the ceiling. Renovated kitchen. Granite in kitchen and bathrooms. New light fixtures and ceiling fans throughout the home. New water heater. New plumbing with pex in 2018. New roof and gutters in 2021. New windows and doors in 2018. New siding and soffit. New exterior paint in 2021. Tile floor throughout the home and freshly painted interior. New wooden gate in 2018. Do not miss the opportunity to own this beautiful home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017