5 Orchard Ave.
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 26, 2024 | Sold | ||
| Sold | |||
| May 5, 2024 | Listed by RE/MAX Vision | $365,000 | |
| Listed by RE/MAX Vision | |||
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This house has location, condition, yard, easy highway access, lower level game room, garage and it is an opportunity buyers should not miss. Located at the end of the Avenue , the lot is private and has plenty of available parking for friends and family. The exterior of the house is sided for low maintenance and offers an enclosed porch overlooking a well manicured yard.. Some interior updates include a Buderus Boiler, Fujitsu Mini-Split, and remodeled bathroom with standup shower. This house was made for one-level living but also has additional heated space in the basement for a man cave or hobby room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017