15501 Orchid Avenue
About This Property
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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 |
|---|---|---|---|
| Aug 29, 2024 | Sold | ||
| Sold | |||
| Aug 8, 2024 | In contract | - | |
| In contract | |||
| Jul 15, 2024 | Listed by Realty OC Inc | $2,495,000 | |
| Listed by Realty OC Inc | |||
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Welcome to this elegant and rare corner lot dream home in the prestigious quiet and private Columbus Grove community. This remarkable property, boasting 5 bedrooms (with the 5th bedroom currently used as a den or as an office) and 3.5 bathrooms, offers luxurious living at its finest. Key features include a primary bedroom on the main level with a lavish bathroom, an oversized corner lot, a stunning front courtyard with a dramatic brick-arched entry, pergola, garden, and water fountain, and an open floor plan with vaulted ceilings. The upgraded gourmet kitchen is a chef’s dream with granite counters, a huge island, custom maple wood cabinets, stainless steel appliances, a 6-burner stove, built-in refrigerator and microwave, double oven, range hood, and breakfast nook. Featured upgrades include GE Thermador appliances, smart upgrades such as Legrand Adorne light switches/dimmers, and outlets, 3 Nest thermostats, an Arlo doorbell, programable Rachio sprinkler control, LED lights throughout, and a Body Glove water filtration system for drinking water in the kitchen. Enjoy two cozy fireplaces, a beautifully landscaped backyard with custom stone patios, a pergola, and a gas fire pit. The spacious master suite features wood flooring, custom blinds, a large walk-in closet, and French doors. The spa-like master bath includes elegant tile flooring, a dual vanity, a huge Jacuzzi tub, and a walk-in custom tile shower. Additional amenities include an attached 3-car garage with built-in cabinets, a convenient laundry room with a sink and custom cabinets, and desirable Columbus Grove Association amenities. With access to award winning Irvine schools, this exquisite home is a true gem. Don’t miss the opportunity to make this stunning property your new home.
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| Jul 16, 2019 | Sold | ||
| Sold | |||
| May 30, 2019 | Listed by Keller Williams Realty Irvine | $1,299,900 | |
| Listed by Keller Williams Realty Irvine | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017