15 Ormond Avenue
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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Jul 30, 2025 | In contract | - | |
| In contract | |||
| Jun 26, 2025 | Price Decreased |
$499,997
↓ $25K
(4.8%) | |
| Price Decreased | |||
| May 15, 2025 | Listed by BERKSHIRE HATHAWAY | $524,997 | |
| Listed by BERKSHIRE HATHAWAY | |||
| |||
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Welcome Home!
This one-of-a-kind, beautifully renovated home has been meticulously updated from top to bottom with craftsmanship and care. Step inside to find a custom-designed kitchen that’s both stylish and functional, complemented by rich wood floors that run throughout the home. Thoughtful design touches can be found in every nook, making this home truly special.
Offering 3 bedrooms and 2 full bathrooms, this home is as comfortable as it is practical. Enjoy the convenience of an upstairs laundry area, making everyday living even easier. Relax on the charming front porch and take full advantage of the fantastic yard—perfect for entertaining, gardening, or simply unwinding in your own private retreat.
With low taxes and a prime location near shopping, major universities, hospitals, and public transportation, this home checks all the boxes. Don't miss your chance to own this move-in ready gem!
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| Jan 18, 2022 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017