1704 ORMOND Road
About This Property
Turn-key ready, this brick beauty features a freshly painted interior, new carpet, tile, & hardwood floors. The fireplace in the living room, with its solid cedar custom mantel and built-in shelving, serves as a charming focal point. Off the living room, you'll find a sunroom, dining area, and a kitchen boasting quartz countertops, stainless steel appliances, & custom sliding shelves in the cabinets. Spacious bedrooms & the bathrooms feature granite with tile to the ceiling in the tub/shower areas. Outside, the backyard provides ample space for outdoor activities-see more entertaining, and gardening, all while enjoying the peaceful creekfront setting. Motivated seller! Don't miss out on this rare opportunityschedule a viewing today!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 20, 2024 | Sold | ||
| Sold | |||
| Dec 5, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Relisted | $395,000 | |
| Relisted | |||
| Nov 8, 2024 | No longer available | - | |
| No longer available | |||
| Oct 24, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017