977 Normandy U
About This Property
(UNIT IS PENDING FINANCE APPROVAL - ACCEPTING BACKUP OFFERS)
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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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/03/2025
| |
2 Bed
|
2 Bath
|
907 ft²
|
$254,999
2 Bed
2 Bath
907 ft²
|
$245,000
-3.92%
05/31/2026
|
Rachel Torres
Premier Brokers International
|
|
02/23/2020
| |
2 Bed
|
2 Bath
|
907 ft²
|
$95,000
2 Bed
2 Bath
907 ft²
|
$80,000
-15.79%
04/17/2020
|
Tamara Eunice Balbirer
Kings Point Signature Real Est
|
|
01/14/2013
|
2 Bed
|
2 Bath
|
872 ft²
|
$59,900
2 Bed
2 Bath
872 ft²
|
$53,000
-11.52%
06/18/2013
|
Barry Fogel
Kings Point Signature Real Est
|
Building Info
About Kings Point
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$2,350 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017