5 Orchard Ln
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 |
|---|---|---|---|
| Mar 26, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | In contract | - | |
| In contract | |||
| Feb 11, 2025 | Listed by eXp Realty | $849,900 | |
| Listed by eXp Realty | |||
| | |||
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Charming Colonial Garrison with Updated Kitchen and Dream Backyard! Located just minutes from the Danversport Yacht Club, Beverly's beaches, and the North Shore Mall, boasts beautiful mature landscaping that blooms with the seasons and a spacious flat backyard - perfect for outdoor fun, even with a paved space for a basketball court! Inside, discover a bright and airy family room with hardwood floors, skylights, and French doors leading to a composite deck. The updated kitchen features quartz countertops, an island, and stainless steel appliances. A cozy front-to-back living room with a wood-burning fireplace provides the perfect gathering spot. Upstairs, find four bedrooms with a full bath and a primary bedroom that includes a custom closet system. The finished basement with a french drain offers flexible space for an office, gym, or playroom. Book Your Showing Today!
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| Jun 27, 2017 | Sold | ||
| Sold | |||
| May 5, 2017 | Listed | $499,900 | |
| Listed | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017