246 Orchard Drive
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 |
|---|---|---|---|
| Jun 23, 2024 | Sold | ||
| Sold | |||
| Aug 1, 2023 | Listed by Flag Realty Group | $299,999 | |
| Listed by Flag Realty Group | |||
| | |||
|
HOME SWEET HOME! Good things come in small packages!! BRAND NEW RENOVATED HOME! Located in the most desirable area close to all your needs. Beautiful flat cornered property with endless potentials for end users and investors. Gorgeous New Kitchen, Beautifully designed full bath, Brand new flooring, Freshly painted rooms, and top brand appliances! This is a dream home! Come check it out today before its gone!
| |||
| Dec 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 9, 2020 | Relisted | $175,000 | |
| Relisted | |||
| Nov 6, 2020 | No longer available | - | |
| No longer available | |||
Property Highlights
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About Orange
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$2,450 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017