138 Ormonde Boulevard
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 |
|---|---|---|---|
| Apr 9, 2026 | No longer available | - | |
| No longer available | |||
| Mar 3, 2026 | Price Decreased |
$750,000
↓ $35K
(4.5%) | |
| Price Decreased | |||
| Jan 27, 2026 | Price Decreased |
$785,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Jan 9, 2026 | Listed by B Square Realty | $795,000 | |
| Listed by B Square Realty | |||
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Welcome to this fully detached one-family home located in a desirable Valley Stream neighborhood. Situated on a 4,500 sq ft lot, the property offers approximately 1,210 sq ft of living space with a private driveway accommodating multiple vehicles. The first floor features 2 bedrooms and 1 full bathroom, along with an open-concept kitchen that flows seamlessly into the dining area and living room—perfect for everyday living and entertaining. The second floor offers 2 additional bedrooms and 1 full bathroom, providing comfortable and functional living space. Additional highlights include a new roof installed at the end of 2020 and a fully finished basement with a separate entrance, offering flexible space for recreation, storage, or extended use. Annual property taxes are $9,240. A great opportunity to own a spacious, move-in-ready home in a convenient and sought-after location.
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| Jan 3, 2026 | Delisted | - | |
| Delisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017