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31 Sherene Orchard
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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 |
|---|---|---|---|
| Jul 15, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Listed by RE/MAX Innovative Bayside | $550,000 | |
| Listed by RE/MAX Innovative Bayside | |||
| Sep 19, 2019 | Sold | ||
| Sold | |||
| Jun 6, 2019 | Listed by KW Coastal and Lakes & Mountains Realty/Meredith | $295,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty/Meredith | |||
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Memories are made here! This absolutely spectacular cottage sits right on the edge of the lake with 124 feet of owned frontage on crystal clear, sandy bottom Pemigewasset Lake in Meredith. Enjoy this secluded, private lake setting yet be to Meredith Town Docks in only 15 minutes. This level lot is ideal with adorable cottage with deck, separate screened in house, wood shed, canoe racks, fire pit, 2 picnic tables, swim float and dock! Relax and escape in this natural lake East facing setting with a loon sanctuary nearby. The cottage has vintage windows with screens, rustic and wood accents and stained glass. Open, bright and airy with stunning views of the lake and mountains. The first floor boasts a bedroom, bath, kitchen with propane stove, dining and living areas and an impressive wood stove. Upstairs is a tall loft, about 20' x 13'. The property can sleep 8-10 people. Pemigewasset Lake is a 249-acre body of water with 1 island.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017