988 Normandy U
About This Property
VERY ACTIVE GATED COMMUNITY - BUS SERVICE
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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 |
|---|---|---|---|
| May 4, 2021 | Sold | ||
| Sold | |||
| Mar 12, 2021 | Listed by Sutter & Nugent LLC | $70,000 | |
| Listed by Sutter & Nugent LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/19/2022
|
2 Bed
|
2 Bath
|
907 ft²
|
$159,900
2 Bed
2 Bath
907 ft²
|
$150,000
-6.19%
09/01/2022
|
Oriana Ordaz
The Keyes Company
| |
|
06/11/2021
|
2 Bed
|
2 Bath
|
907 ft²
|
$129,999
2 Bed
2 Bath
907 ft²
|
-
-
|
Michael J Mastromarino
Sutter & Nugent LLC
| |
|
03/12/2021
| |
2 Bed
|
2 Bath
|
872 ft²
|
$70,000
2 Bed
2 Bath
872 ft²
|
$70,000
05/04/2021
|
Dawn P Mastromarino
Sutter & Nugent LLC
|
|
03/22/2013
|
2 Bed
|
2 Bath
|
872 ft²
|
$54,000
2 Bed
2 Bath
872 ft²
|
$52,000
-3.70%
10/04/2013
|
Susan J Weissman
Weissman Properties
|
Building Info
About Kings Point
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017