2617 Orleans 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 |
|---|---|---|---|
| May 19, 2022 | Sold | ||
| Sold | |||
| Apr 15, 2022 | Listed by 316 Realty Group | $426,000 | |
| Listed by 316 Realty Group | |||
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NEVER FLOODED! Gorgeous, completely updated home in the beautiful waterfront Lake Cove subdivision! This home has a Navien tankless system that allows for instant hot showers. No more waiting for that cold water to heat up! The garage is over-sized and includes work benches, built-in speaker system, and a decked storage area overhead. There is RV/boat parking on the side of the garage. Refrigerator, hot tub, washer and dryer are negotiable.
Don't miss out! Schedule your showing today!
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| May 18, 2021 | Sold | ||
| Sold | |||
| Mar 25, 2021 | Listed by Keller Williams Realty | $364,990 | |
| Listed by Keller Williams Realty | |||
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Beautifully updated two-story home in the desirable waterfront Lake Cove subdivision! You'll be met with soaring ceilings in the entryway and family room, beautiful arches throughout, and many updates - new carpet, new tile, fresh paint, updated master bath with oversized walk-in shower, updated kitchen, updated fixtures, and newly planted landscaping in the front! Ethernet ports run to several locations in the home allow for wired as well as wireless internet throughout. Home is also prewired for motion detectors. Enjoy instant hot water from the Navien system - a must have for guaranteed hot showers! The over sized garage includes work benches, built-in speaker system, internet access, and a fully decked 6' storage area overhead. RV/boat parking on the side with high fence to meet HOA storage requirements. Never flooded and no MUD. Lake Cove amenities including community swimming pool, boat ramp and volleyball and tennis courts. Come and See It!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017