118 Orange AVENUE
About This Property
Step inside and feel instantly at home. Sunlight pours through Hurricane impact windows, casting a warm glow on the inviting living space. This home has never flooded. The remodeled bathroom offers a fresh, modern touch, while the new ductwork and updated AC (2017) keep the home comfortable year-round. A 2014 roof provides peace of mind, and with a gas water heater and a hookup option behind the stove, you'll always have hot water-even when the power goes out.
But the real magic lies just beyond your doorstep. Start your mornings with a stroll along Riverside Drive, where boats drift lazily along the water and dolphins occasionally make an appearance. Launch your kayak from the nearby boat ramps, spend afternoons fishing, or unwind in the lush parks just moments away.
Whether you're sipping coffee on your front porch or spending weekends exploring the waterways, this home is your key to effortless coastal living. Don't just dream it-live it! Schedule your private tour today. This home has stayed high and dry during all storms!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017