12337 Orloff Drive
About This Property
Convenience is also key, with a separate utility room that accommodates a full-sized washer and dryer. Step outside to enjoy the beautiful wood-fenced backyard, perfect for outdoor activities. This home includes a 2-car garage with a single door.
Located just off Hwy 114, residents can take advantage of community amenities such as a clubhouse, pool, and playground. Plus, with nearby restaurants, shopping, and entertainment just 10 minutes away, this location offers the perfect blend of comfort and convenience!
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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 |
|---|---|---|---|
| Mar 10, 2025 | Sold | ||
| Sold | |||
| Feb 24, 2025 | In contract | - | |
| In contract | |||
| Feb 21, 2025 | Listed by Elk Castle Realty Group, LLC. | $269,500 | |
| Listed by Elk Castle Realty Group, LLC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017