724 Norway Place
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 |
|---|---|---|---|
| Jul 22, 2024 | Sold | ||
| Sold | |||
| May 19, 2024 | Listed by Century 21 Circle | $499,900 | |
| Listed by Century 21 Circle | |||
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Absolutely Beautiful! Situated on a cul de sac along a tree lined street. Inviting covered front porch great for morning coffee. Features an open floor plan with 4 Bedrooms/2.1 Baths. 2 story foyer leads to 1st floor office/music room with French doors. Spacious Formal Living & Dining Rooms. Hardwood flooring through the foyer, powder room & Kitchen. A great deal of natural light throughout. Updated kitchen great for entertaining, complete with upgraded cabinets, backsplash, granite counters, large center island, new light fixture, wine rack, beverage station/refrigerator, stainless steel appliances & plant shelf overlooking the yard.Family Room offers an amazing space w/floor to ceiling brick gas fireplace, decorative ceiling, great space for watching movies with the kids. Sizable picture window offers expansive view of yard. Impressive Primary bedroom offers private bath with dual sink, separate shower, soaking tub and walk in closet. Newer/remodeled hall bath with Bluetooth audio, heated floor, skylight, beautiful current tile, vanity & large shower with rain head, shared by secondary bedrooms. 1st floor laundry equipped with overhead shelves/cabinets for extra storage & sink. Basement features 9' ceilings, on demand tankless water heater, air exchanger for allergies & ready to be finished. Newer patio doors & windows. Great yard with irrigation system & paver brick patio to get together with friends. 3 car garage. Amazing, a must see!!
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| Nov 19, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Chase Real Estate LLC | $429,900 | |
| Listed by Chase Real Estate LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017