2 Orne Street
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, 2023 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 1, 2023 | In contract | - | |
| In contract | |||
| Jan 27, 2023 | Listed by Coldwell Banker Realty - Marblehead | $795,000 | |
| Listed by Coldwell Banker Realty - Marblehead | |||
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Sellers did not find suitable housing. Charming 3 bedroom 1 1/2 bath antique home in terrific "Old Town" location. Ready to move right in. It was tastefully renovated in 2017 and additional updates made since then. Lots of sunlight, hardwood floors, gas heat and central A/C. Open living room and dining/eating area with newer lighting, shutters, shiplap ceiling & beam and built in cupboard. Newer stair carpet runner. Spacious primary bedroom. The sunroom is used as a dining room with custom cafe shutters. Kitchen features granite counters and stainless steel appliances. Basement has some ledge & did get occasional dampness with heavy rain. Cute patio with beautiful flowers and plants. The exterior wall and front stairs were redone in 2021. One car parking along side of the house. A short distance to Gas House Beach, the harbor, shops and restaurants.
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| Jan 30, 2018 | Sold | ||
| Sold | |||
| Oct 31, 2017 | Listed by J. Barrett & Company | $600,000 | |
| Listed by J. Barrett & Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017