2862 Oriole DRIVE
About This Property
The kitchen offers a large island open with plenty of area for seating, lots of cabinets for storage space, and a generous side walk in pantry. Custom cabinetry in the laundry room and closets, granite countertops, wood cabinets, and decorative stone finishes on walls elevate the interior aesthetics. Conveniently located near University Parkway and downtown, commuting is a breeze. Enjoy community amenities such as a pool, recreational area, fitness center, and more. Don't miss this opportunity to experience luxury living at its finest! Brand new AC system 2022!
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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 |
|---|---|---|---|
| Aug 31, 2024 | Price Increased |
$525,000
↑ $15K
(2.9%) | |
| Price Increased | |||
| May 20, 2024 | No longer available | - | |
| No longer available | |||
| May 2, 2024 | Sold | ||
| Sold | |||
| Apr 11, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017