59
Map
739 Normandy P
About This Property
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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 |
|---|---|---|---|
| Aug 11, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Nov 10, 2025 | Price Decreased |
$139,000
↓ $11K
(7.3%) | |
| Price Decreased | |||
| Oct 23, 2025 | Price Decreased |
$149,900
↓ $10K
(6.3%) | |
| Price Decreased | |||
| Oct 8, 2025 | Price Decreased |
$159,999
↓ $9K
(5.3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/07/2025
| |
2 Bed
|
2 Bath
|
907 ft²
|
$169,000
2 Bed
2 Bath
907 ft²
|
$120,000
-28.99%
08/11/2026
|
Shelly Gibson
Affordable Assets Real Estate
|
|
12/13/2018
| |
2 Bed
|
2 Bath
|
907 ft²
|
$114,000
2 Bed
2 Bath
907 ft²
|
-
-
|
-
|
|
07/13/2016
| |
2 Bed
|
2 Bath
|
907 ft²
|
$69,900
2 Bed
2 Bath
907 ft²
|
$64,000
-8.44%
08/24/2016
|
Laura Mae Gallagher
William Raveis Real Estate
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017