405 Old Orchard Way
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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 31, 2025 | Sold | ||
| Sold | |||
| Sep 20, 2025 | In contract | - | |
| In contract | |||
| Sep 17, 2025 | Listed by Call It Closed Int'l Realty | $985,000 | |
| Listed by Call It Closed Int'l Realty | |||
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See Listing Video, Flyer & Pics*Custom-built Masterpiece Nestled within a Private Gated Community! Showcased in Coastal magazine in 2020, the home blends timeless architectural details with modern sophistication. Backyard oasis on half-acre corner lot—complete with Putting Green, Patio, Outdoor Kitchen (Smoker, Grill, Warming Drawer, Frig, Ice Maker, TV, etc), Pool with Chilling & Heater, 4 gas Caldrons, Spa, raised Pergola & Mosquito Mister. Upon entrance, you’ll be captivated by the extensive custom millwork—columns, doorframes, built-ins, wainscoting & coffered/tray ceilings—that evoke the grandeur of Galveston’s historic cathedrals. High ceilings, plantation shutters, travertine, wood floors & custom cabinetry with backlit glass shelving further elevate the interior. The chef’s kitchen impresses with 6-burner gas range, double ovens, warming drawer & more. Additional luxuries include whole-house Generator & 6+ car parking— a custom design that perfectly balances elegance & comfort.
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| Feb 11, 2022 | Sold | ||
| Sold | |||
| Nov 21, 2021 | Listed by Reward Realty | $969,000 | |
| Listed by Reward Realty | |||
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Ultimate in custom built design. Secluded in small gated community, 1-story, 4200 sq ft, 4bed/3.5bath/3 car garage home deservedly featured in April 2020 Coastal magazine. Extensive woodwork designs of many columns, doorframes, builtins, coffered/trayed ceilings & so much more reminds of classic details found in Galveston cathedrals. Tasteful mix of classic/majestic w/modern trends will wow the most discerning buyer. 1/2 acre corner lot easily fits the home & backyard oasis w/covered patio, outdoor kitchen, pool w/pool cooler, spa, raised pergola area, ample pool decking. Interior & exterior Amenity List is LONG (attached) - whole house generator, extensive builtin cabinetry w/backlit glass doors/shelving, travertine & wood floors, plantation shutters, high ceilings, wainscoting thru-out, 6-burner gas range, double ovens, warming drawer. Outdoor kitchen w/smoker, grill, warming drawer, ice machine, refrig, tv, plus more! So much must-see in this stunning home. Schedule a tour!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017