1080 Old Orchard Rd
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 |
|---|---|---|---|
| Nov 1, 2024 | Sold | ||
| Sold | |||
| Aug 15, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Relisted | $219,000 | |
| Relisted | |||
| Jul 28, 2024 | In contract | - | |
| In contract | |||
| Jun 26, 2024 | Listed by William Raveis Real Estate & Homes Services | $219,000 | |
| Listed by William Raveis Real Estate & Homes Services | |||
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Come get your own slice of Eastham! This unique, level lot spans over 1.3 acres and is nestled amidst a tranquil wooded area. It offers the rare opportunity to create a bespoke living space in a prime location. Whether you're drawn to the allure of the nearby beaches and bike trail or the convenience of local amenities, this location offers the best of both worlds. Town water conveniently located at the street. This unique parcel is awaiting a discerning buyer with a creative vision to transform it into a distinctive Eastham retreat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017