47 Orchard Street
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 31, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Stone Ridge Properties, Inc. | $1,425,000 | |
| Listed by Stone Ridge Properties, Inc. | |||
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This stunning contemporary style residence boasts luxury and comfort w/ 4 spacious bedrooms, including a convenient 1st-floor bedroom, and 4 bathrooms. The chef-inspired kitchen is a well-thought masterpiece, featuring stainless steel appliances, Miele built-in coffee machine, sleek countertops & a large center island with seating. Adjacent to the kitchen, you'll find a dining room perfect for dinner parties, as well as a sunroom & living area filled w/ natural light. Retreat to the luxurious master suite on the 2nd floor w/ spacious dual closets, a spa-like ensuite bathroom w/ a soaking tub & a walk-in shower providing the ultimate sanctuary to unwind and recharge. The oversized bonus room above the garage is perfect for entertaining. Situated on a private lot abutting conservation land, you'll enjoy tranquility & privacy with numerous area amenities nearby. The expansive yard spanning 2.31 acres offers endless possibilities for outdoor gatherings and recreational activities.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017