34 Orne St
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 |
|---|---|---|---|
| Jun 29, 2018 | Sold | ||
| Sold | |||
| Apr 27, 2012 | Sold | ||
| Sold | |||
| Jun 11, 2010 | Sold | ||
| Sold | |||
| Apr 15, 2010 | Listed by William Raveis R.E. & Home Services | $285,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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STEPS FROM THE BEACH Vacant – enter at your own risk. ALL CONTRACTS/OFFERS ARE SUBJECT TO INDYMAC BANKS SENIOR MANAGEMENT APPROVAL AND ANY OFFERS OR COUNTER OFFERS BY INDYMAC BANK ARE NOT BINDING UNLESS THE ENTIRE AGREEMENT IS RATIFIED BY ALL PARTIES. A $75.00 doc fee paid by buyer at closing. Caution should be exercised by brokers and their clients during any entry and inspection of the premises. SELLER HAS NEVER OCCUPIED THE PROPERTY.
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