39699 Orchard Bluff 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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2023 | Listed by Baird & Warner | $65,000 | |
| Listed by Baird & Warner | |||
| Oct 12, 2023 | No longer available | - | |
| No longer available | |||
| Jul 17, 2023 | Listed by RE/MAX Suburban | $65,000 | |
| Listed by RE/MAX Suburban | |||
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Welcome to 39699 Orchard Bluff Ln in Wadsworth! Come build your dream home in this amazing established community. Please watch the attached drone video and it will help you truly appreciate this beautiful 1.2-acre homesite and the surrounding area. This homesite includes part of the pond that the HOA maintains and is next to a park. You will have fabulous views of the open space. The original home was removed years ago. Our client was informed the Well was capped off but the septic lines should be able to be re-utilized (tank removed). Electric and Gas already to the site. The driveway will lead you to where you will build your future dream home. Seller believes you will have an English Basement when you build. If you look under the additional information you will see we have included information from the HOA such as the New Home Submittal Form, Association Covenants, Rules & Regulations and the Survey. The HOA is self managed and is $395 per year. They take care of the common areas, park, ponds. Milburn Schools and Warren High School. Jonathan Knolls is near transportation, entertainment, recreation, restaurants, shopping. Check out the cute downtown area and great fishing spots! Close to major highways. Easy Access to Rte 41 to head to Chicago or Wisconsin.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017