18 Orchard 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 |
|---|---|---|---|
| Nov 22, 2004 | Sold | ||
| Sold | |||
| Jul 13, 2004 | Listed by Coldwell Banker Residential Brokerage - Stoneham | $399,900 | |
| Listed by Coldwell Banker Residential Brokerage - Stoneham | |||
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Well maintained 7 room multi-level Colonial in desirable neighborhood,many updates, most hardwood floors, 1 and 1/2 baths, insulated windows, new trek deck off sliders in kitchen, walk up attic with plenty of storage or expansion, fenced in yard, new driveway and walkway, full basement plus additional storage, freshly painted. Close to commuter rail, schools, and major highways. Motivated sellers. Not a drive-by!
| |||
| Aug 9, 2002 | Sold | ||
| Sold | |||
| Jun 20, 2002 | Listed by CENTURY 21 GR Associates | $329,000 | |
| Listed by CENTURY 21 GR Associates | |||
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Address: 335 Madison Avenue, New York, NY 10017