118 Putnam St
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 |
|---|---|---|---|
| Jun 14, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by LAER Realty Partners | $315,000 | |
| Listed by LAER Realty Partners | |||
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Welcome to 118 Putnam St in Orange, offering a lovely floor plan on a great parcel of land. This home offers 3 Bedrooms, with enormous front to back primary bedroom on the main level. The main level also includes renovated full bath, large kitchen, living room, and 4 season window lined garden room. The second floor offers 2 additional bedrooms with nice storage and built ins. This home offers a newer Buderus heating system, oversized 1 car garage, and wonderful parcel of land. Located on a quiet side street with ample privacy this property offers easy access to Rt 2, Lake Mattawa, OIC Shared work space, and newly renovated Fisher Hill School.
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| Sep 9, 2022 | Sold | ||
| Sold | |||
| Jun 17, 2022 | Listed by LAER Realty Partners | $250,000 | |
| Listed by LAER Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017