3 Orchard Lane
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 |
|---|---|---|---|
| Mar 19, 2021 | Sold | ||
| Sold | |||
| Jan 15, 2021 | Listed by RE/MAX Synergy | $3,950,000 | |
| Listed by RE/MAX Synergy | |||
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Modern elegance awaits you on this beautiful cul-de-sac street. Exquisitely designed & custom built featuring some of the finest architectural details. With approximately 6,000 sq feet of living on the main floors & an additional 2,000+ on lower level, this home will captivate you with it's sophistication. Gourmet kitchen with breakfast room, marble counters & professional appliances including built in Miele Coffee Center. Coffered Ceiling, decorative moldings, built in sound system, 3 car garage, 2 staircases are just a few features. All en suite baths. New custom Sylvan pool with built in spa and indoor/outdoor living room makes the perfect space for entertaining. Heated and cooled it features flat screen TV and wet bar. Lower level with bar, family room, billiards, gym & full bath.
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| Apr 25, 2018 | Sold | ||
| Sold | |||
| Feb 24, 2018 | Listed by Heritage House Sotheby's International Realty | $3,200,000 | |
| Listed by Heritage House Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017