1007 ORONOCO STREET
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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%.
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2024 | In contract | - | |
| In contract | |||
| Apr 17, 2024 | Listed by Corcoran McEnearney | $1,499,000 | |
| Listed by Corcoran McEnearney | |||
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Opportunity Knocks! Two lots encompassing almost 7300sf! 1007 Oronoco presents loads of potential in the Parker Gray Historic District. A small house sits on the large lot (4897+/-sf) and is in need of repair. The lot at 1009 Oronoco (2380+/-sf) is included in the offering and may sit outside of the Park Gray Historic District. Both lots have rear alley access with possible off-street parking potential. The existing water supply line to 1007 may be damaged. The properties are sold “as-is.”
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About Downtown Alexandria
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017