2 Orchard Place
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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by S.C.E. Real Estate | $599,900 | |
| Listed by S.C.E. Real Estate | |||
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Some homes you drive by and can’t help but admire, this is one of them. Built in 1939, this home is a true Douglas gem, blending timeless character with thoughtful updates. Inside, hardwood floors, a fireplaced living room with custom built-ins, and a library with floor-to-ceiling bookshelves reflect the home’s history, while a recent addition provides a mudroom, loft, and office that bring flexibility to daily living. Outside, the grounds showcase mature landscaping, stone walls, cobblestone & bluestone walkways, custom pergolas & inviting patios that extend the living space. A timber barn with electricity adds both function & charm. Set on a corner lot in a cul-de-sac neighborhood, the backyard feels like a private sanctuary, yet just a short walk to the library, restaurants, and schools, with easy access to Worcester, Providence & Boston and the convenience of town water/sewer, this home is a rare find that captures the best of small town living in Douglas.
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| Aug 30, 2018 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017