2 Westlin
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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 |
|---|---|---|---|
| Jan 19, 2022 | No longer available | - | |
| No longer available | |||
| Jan 6, 2022 | Price Increased |
$500,000
↑ $101K
(25.3%) | |
| Price Increased | |||
| Jan 5, 2022 | Relisted | $399,000 | |
| Relisted | |||
| Nov 5, 2021 | No longer available | - | |
| No longer available | |||
| Jul 17, 2021 | Listed by Smitchger Realty | $399,000 | |
| Listed by Smitchger Realty | |||
| | |||
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Peace and tranquility welcomes you! This 5BR home will be a retreat from the hustle and bustle of the daily grind with great attention paid to smart appliances and energy efficiency in mind. The flexible space could remain as your dream home or revert back to a 2-family residence for your investments. Bask in the in-ground pool and enjoy the mature foliage all around while the smart pool pump takes over. The kitchen has been recently remodeled top to bottom with smart appliances to accompany the bright new counters and cabinetry. 90% of the home has had new windows put in, as well as new insulation, lighting, and furnace with a new energy efficient on-demand water heater to boot. A recent bathroom remodel has added a brand new shower as well. With two separate entrances, this flexible home has plenty of separate space in the home works well for guests, a home office, or whatever else you dream up! The manager has listed the unit size as 1586 square feet.
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About Orange
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017