16 Orchard Ave
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 |
|---|---|---|---|
| May 27, 2026 | Sold | ||
| Sold | |||
| May 5, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Churchill Properties | $699,000 | |
| Listed by Churchill Properties | |||
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The one you’ve been waiting for in Wakefield!! Welcome to 16 Orchard Ave, a beautifully updated Cape-Cod style home filled with warmth & timeless style. Enter through the enclosed 3-season room before stepping into a sun-filled, inviting family room with hardwood floors & recessed lighting. The kitchen is thoughtfully designed, featuring stainless steel appliances, a window overlooking the backyard, & a dedicated coffee bar. The sun-drenched dining room with custom board & batten molding is an ideal place to entertain or have a family dinner. A versatile first-floor bonus room offers flexibility for a playroom, office, or nursery. Upstairs features three bedrooms & a full bathroom. Have relaxing Summer evenings on the deck overlooking a spacious, fenced backyard. Enjoy walkability to Greenwood Elementary, local playgrounds, several restaurants, & Cibo Cafe, plus just 0.5 miles to the Greenwood commuter rail for commuters! Open houses Thurs 4/30, Sat 5/2, & Sun 5/3
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| Jun 29, 2022 | Sold | ||
| Sold | |||
| Jun 7, 2022 | Listed by Hammond Residential Real Estate | $579,000 | |
| Listed by Hammond Residential Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017