7111 NORMAN LN
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 |
|---|---|---|---|
| Feb 26, 2015 | Sold | ||
| Sold | |||
| Dec 8, 2014 | Listed by RE/MAX Alamo Realty | $149,900 | |
| Listed by RE/MAX Alamo Realty | |||
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LOCATION LOCATION LOCATION THIS GREAT HOME IS IN THE HEART OF THE MEDICAL CENTER * GATED COMMUNITY HOME OFFERS OPEN FLOORPLAN WITH HIGH CEILINGS THROUGHOUT HOME * WOOD BURNING FIREPLACE IN LIVING ROOM READY FOR THE HOLIDAYS SEASON * ISLAND KITCHEN WITH BREAKFAST BAR * ALL BEDROOMS UPSTAIRS * HUGE MASTER BEDROOM FEAUTURES 2 WALK-IN CLOSETS WITH FULL BATH * MASTER BATH FEATURES SEPERATE GARDEN TUB AND SHOWER WITH DOUBLE VANITIES* SPACIOUS SECONDARY BEDROOMS *CLOSE TO MEDICAL CENTER, IH 10, 410 & NISD SCHOOLS.
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| Apr 12, 2006 | Sold | ||
| Sold | |||
| Dec 28, 2005 | Listed by Deborah Myers Real Estate | $134,500 | |
| Listed by Deborah Myers Real Estate | |||
| Dec 22, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017