2 Orne Square #02
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 |
|---|---|---|---|
| Mar 7, 2007 | Sold | ||
| Sold | |||
| Nov 19, 2006 | Listed by MerryFox Realty | $359,000 | |
| Listed by MerryFox Realty | |||
| Jul 16, 2001 | Sold | ||
| Sold | |||
| Jun 21, 2001 | Listed | $215,000 | |
| Listed | |||
| | |||
|
BEAUTIFUL ONE OF A KIND-COUNTRY LANE TOWNHOUSE. BUILT TURN OF THE CENTURY, FIREPLACE, 3 LEVELS,CURRENT TENANTS HAVE 48 HOURS RIGHT OF FIRST REFUSAL.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2023
|
3 Bed
|
2 Bath
|
1835 ft²
|
$675,000
3 Bed
2 Bath
1835 ft²
|
$680,000
+0.74%
11/06/2023
|
Richard Zaniboni
Bentley's
| |
|
11/19/2006
|
3 Bed
|
1 Bath
|
1800 ft²
|
$359,000
3 Bed
1 Bath
1800 ft²
|
$337,000
-6.13%
03/07/2007
|
Merry Fox Team
MerryFox Realty
| |
|
06/21/2001
|
3 Bed
|
1 Bath
|
1800 ft²
|
$215,000
3 Bed
1 Bath
1800 ft²
|
$203,000
-5.58%
07/16/2001
|
Betsy Merry
Coldwell Banker Residential Brokerage - Salem
|
Building Info
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