40 Orchard 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 |
|---|---|---|---|
| Jun 8, 2020 | Sold | ||
| Sold | |||
| May 5, 2020 | Sold | ||
| Sold | |||
| Apr 23, 2009 | Sold | ||
| Sold | |||
| Sep 15, 2008 | Listed by EXIT New Options Real Estate | $199,000 | |
| Listed by EXIT New Options Real Estate | |||
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Commuting to the East, but still want it all? This home has a unique open floorplan of 1840 square feet, offering 3 bedrooms, 2 full baths and three levels of living space! Double-fenced back yard with in-ground, heated, graduated depth pool plus lots of green space as well. Kitchen is fully applianced, oversized breezeway and garage are attached and the living room boasts vaulted ceilings and a gorgeous fireplace! Definitely not a “cookie-cutter” house – come see for yourself and make it HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017