3 Old Orchard Road
About This Property
now and an opportunity to expand in the future. The first floor has open style living room with fireplace, dining room, kitchen and 2 family bedrooms and full bathroom. Lots of closet space. Downstairs, 3rd bedroom / study and full bathroom. Finished playroom and unfinished storage.
All hardwood floors, central air conditioning, new roof. Move right in. Beautifully landscaped property. 2 car garage. Endless opportunitues to transform this well maintained ranch into the home of your dreams. Additional Information: Amenities:Storage,HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017