1 Old Orchard
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 |
|---|---|---|---|
| May 8, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Listed by LAER Realty Partners | $299,900 | |
| Listed by LAER Realty Partners | |||
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MULTIPLE OFFERS - BEST AND FINAL DUE WEDNESDAY 2/14 @ 2pm. Renovation ready: Bring a creative and imagination to transform this property into your dream home. With a little TLC, this property has a potential to shine once again. Convenient location situated and a desirable neighborhood, this desirable expanded ranch sits on a large corner lot property and offers easy access to amenities, schools, parks, and more. Don't miss out on a chance to turn this distressed property into a remarkable home. If you're ready to roll up your sleeves and unlock the hidden potential contact us today to schedule a viewing.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017