259 PLUM ORCHARD Lane
About This Property
Enjoy open-concept living in the upgraded Gourmet Kitchen, equipped with Built-In Whirlpool Appliances, 42'' Upper White Cabinets highlighted by a stunning Tile Backsplash, Quartz Countertops, and a spacious center island that flows into the airy Gathering Room and Cafe. Beyond the Cafe, the Covered Lanai offers a perfect spot for outdoor entertainment.
Upstairs, you'll find a versatile layout with additional bedrooms, a Laundry Room, a full bathroom, and the serene Owner's Suite. The Owner's Suite features a large Walk-In Closet, a Dual-Vanity Sink with Soft-Close White Cabinets, Quartz Countertops, a Linen Closet, and a Walk-In Glass Enclosed Shower.
Relax on the covered front porch while enjoying peaceful pond view sunsets
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Sep 23, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Relisted | $424,000 | |
| Relisted | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 31, 2024 | Price Decreased |
$424,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017