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231 S Orchard Drive
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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 1, 2026 | Listed by Equity Union | $2,995,000 | |
| Listed by Equity Union | |||
| Aug 24, 2016 | Sold | ||
| Sold | |||
| Mar 18, 2016 | Listed by Coldwell Banker Hallmark | $789,000 | |
| Listed by Coldwell Banker Hallmark | |||
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Here is your perfect opportunity to own in one of the best neighborhoods of Burbank! Close to all the major network studios, Rancho Adj. This home features a light and bright large living room w/fire place and formal dining room. Large beds with plenty of closet space. High ceilings, newer windows and copper plumbing. Half bath outside in laundry room, Basement, large backyard and super long and large driveway. Perfect for an RV. The garage has been converted into a guest room with one bathroom. Seller has the plans and permits from city of Burbank to add 400 SF of living space in the place of the garage. The lucky buyer has the choice to turn this unique property into a 2100 square feet 5 bed 2 bath home!
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About Burbank
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,451 ft²
$5,300 /mo
- 2 Beds
- 2 Baths
- 1,358 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017