Offering the ease of single-level living, 828 Norma Drive at
Anderson Farm features the Booth floor plan with 4 bedrooms, 2
bathrooms, approximately 1,901 square feet, and a 2-car garage.
Step inside to a bright, open living area where the family
room, dining area, and kitchen come together to create a
comfortable space for everyday living and entertaining. The kitchen
features quartz countertops, stainless steel appliances, a ceramic
tile backsplash, a spacious island, and a walk-in pantry for added
storage and functionality. Three secondary bedrooms and a
full bathroom are located near the front of the home, providing
flexibility for family members, guests, or a home office. Privately
situated at the rear of the home, the primary suite offers a
walk-in closet, dual vanities, and a walk-in shower. Just off the
main living area, the covered back porch creates a welcoming
outdoor retreat, perfect for enjoying your morning coffee or
unwinding at the end of the day. With its open-concept
layout, thoughtful bedroom separation, and ranch-style convenience,
this home offers comfort and functionality for a variety of
lifestyles. Photos are not of the actual home or interior
features and are representative of the floor plan only.
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.
Parking Features: Attached, Concrete, Driveway, Garage, Garage Door Opener, Garage Faces Front
Garage Spaces: 2
Open Parking Spaces: 2
Interior Details
Full Bathrooms: 2
Interior Features: Double Vanity, High Ceilings, Kitchen Island, Open Floorplan, Pantry, Smart Home, Walk-In Closet(s), Wired for Data, Bathtub/Shower Combination, Quartz Counters, Separate Shower, Smooth Ceilings, Walk-In Shower, Water Closet
Appliances: Dishwasher, Free-Standing Gas Range, Microwave, Smart Appliance(s), Stainless Steel Appliance(s), Tankless Water Heater
Flooring Type: Carpet, Laminate, Vinyl
Laundry Features: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
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