338 Orchard Drive
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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 |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jun 20, 2024 | In contract | - | |
| In contract | |||
| Jun 7, 2024 | In contract | - | |
| In contract | |||
| Jun 5, 2024 | Listed by Howard Hanna Rand Realty | $585,000 | |
| Listed by Howard Hanna Rand Realty | |||
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WOW! Nestled among the mature landscape, tucked neatly into this village neighborhood, is a great opportunity to own this unique home. A great layout formed by the blending of two additions over the years, in total the five bedrooms allow for a larger family, or use for a home office, a library or an exercise room. On the main level enjoy the cozy living room, a formal dining with pretty french doors, an eat in kitchen, enclosed porch area, a bedroom and a beautifully refinished full bathroom. The second floors hosts an en-suite main bedroom with high ceilings, and three additional bedrooms. Inside or out, you can enjoy natures beautiful surroundings, whether sitting on the front porch, or relaxing inside. Conveniently located with easy access to shopping, public transportation, and highways. This is considered the gateway to the Hudson Valley. Monroe Woodbury School District.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017