1503 Orwell Road
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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%.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 19, 2021 | Price Decreased |
$599,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Mar 10, 2021 | Listed | $610,000 | |
| Listed | |||
| | |||
|
UPDATED BRICK HOME with 6 BEDROOMS, 5 FULL BATHS, 3 CAR GARAGE in Ashbury pool and clubhouse community. Inviting 2-Story foyer flanked by the formal living and dining rooms. Main floor offers NINE FOOT ceilings. Spacious UPDATED kitchen with newer Black Stainless Steel appliances, new island cabinets, and QUARTZ COUNTERTOPS all around. FINISHED BASEMENT has been completely remodeled and is ready for your gatherings with Modern Bar, Media Area, Gym Area, room for a Pool Table, and the 5th Full Bath. Or take the party outside for a summer BBQ on the beautiful PAVER PATIO. This well-maintained LEN MARK Builders home offers features not typically found in the neighborhood including: 5 bedrooms up (all with walk-in closets) and 3 full baths on the 2nd level (Primary, Hall and Jack & Jill). DEN/6th bedroom on Main with W/In closet adjacent to Full Bath. Located just 3 blocks from Patterson Elementary, within Neuqua Valley attendance area. Dual water heaters 2016, WINDOWS 2016, FURNACE 2014, SUMP PUMP 2014, NEWER ROOF, A/C 2010, Humidifier & Electronic Air Filtration 2010. Washer & Dryer INCLUDED. Coveted Ashbury neighborhood known for its highly rated DISTRICT 204 SCHOOLS & nearby amenities. Be sure to check out the Ashbury pool (zero depth pool, water slide, sandpit, etc), clubhouse (for neighborhood social events & available for rentals) & tennis courts. The manager has listed the unit size as 3383 square feet.
| |||
| Aug 15, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by Keller Williams Infinity | $490,000 | |
| Listed by Keller Williams Infinity | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017