326 Orchard Street
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 |
|---|---|---|---|
| Oct 29, 2020 | Sold | ||
| Sold | |||
| Jun 26, 2018 | Listed by Lamacchia Realty, Inc. | $325,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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This beautiful 14.6 acre lot with a height of land overlooking Bogastow Brook in Millis presents the opportunity to build a private retreat two miles from Millis Center near the Sherborn line. Public water, overhead electrical, and natural gas service. Percs completed on September 2017 indicate property could accommodate a 6-plus bedroom septic system. The property is subject to a Conservation Restriction which allows development within a 60,000 square-foot (1.38-acre) building envelope. The CR limits the use of the remainder of the property to various agricultural, forestry and recreational uses and does not allow public access. . Conservation and ZBA approvals in hand. Call for an appointment to walk the land!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017