2 Orchard Street
About This Property
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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 30, 2025 | Sold | ||
| Sold | |||
| Dec 16, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Price Decreased |
$140,000
↓ $10K
(6.7%) | |
| Price Decreased | |||
| May 9, 2025 | Listed by Coldwell Banker Community REALTORS® | $150,000 | |
| Listed by Coldwell Banker Community REALTORS® | |||
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Here is your chance to build the home you have been waiting for in an ideal location. From this spot you can be downtown within minutes and also you are less than a mile from beautiful nature and hiking trails. It was last used as a two family lot and there is still part of a cement structure left on the property. Bring your ideas and plans to this plot of land and begin making your dream home a reality.
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| Nov 15, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017