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114 Orange Tree LN
About This Property
The heart of the home is the inviting eat-in kitchen, featuring stunning granite countertops that offer both functionality and elegance, perfect for family meals and entertaining guests.
This home boasts not one, but two distinct living areas, providing ample space for relaxation and socializing. Whether it's a cozy evening with family or hosting lively gatherings, you'll have the perfect setting for every occasion.
Additionally, the formal dining room provides an elegant space for special meals and celebrations.
Discover the best of both comfort and style in this delightful home, ready to welcome its new owners.
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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 |
|---|---|---|---|
| Dec 7, 2024 | In contract | - | |
| In contract | |||
| Oct 18, 2024 | Price Decreased |
$325,000
↓ $25K
(7.1%) | |
| Price Decreased | |||
| Aug 29, 2024 | Listed by Comfort Realty LLC | $349,900 | |
| Listed by Comfort Realty LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017