5209 W Orchard Drive
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 |
|---|---|---|---|
| Sep 12, 2023 | Sold | ||
| Sold | |||
| Jul 26, 2023 | Listed by Keller Williams Success Realty | $135,000 | |
| Listed by Keller Williams Success Realty | |||
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Stunning Home with New Laminate Flooring, Vaulted Ceilings, and Skylight near McCullom Lake WITH Water Rights! Step inside this inviting property featuring brand-new laminate flooring throughout, creating a modern and fresh ambiance. The spacious kitchen boasts ample cabinets and a generous eat-in area, making it a perfect spot for family gatherings or casual dining. Feel the warmth of natural light flooding the interior, thanks to the vaulted ceilings and the charming skylight, providing a refreshing and energizing atmosphere. Step through the patio door and be amazed by the fantastic deck, an ideal space for entertaining guests or finding tranquility amidst the serene backyard. The convenience of having the laundry area located within the kitchen adds practicality to daily chores. Additionally, a well-maintained backyard shed, just two years old, provides ample storage for all your outdoor needs. With its quaint charm and cozy appeal, it is truly a perfect place to call home. On top of that, you'll have water rights, granting you access to the nearby McCullom Lake, which is stocked for fishing enthusiasts. Conveniently located near shopping centers and scenic trails, this property offers the best of both worlds - easy access to amenities and the pleasure of outdoor exploration. Don't miss out on this fantastic opportunity to own your piece of paradise near McCullom Lake!
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| Mar 22, 2023 | Sold | ||
| Sold | |||
| Mar 1, 2023 | Listed by CENTURY 21 Roberts & Andrews | $110,000 | |
| Listed by CENTURY 21 Roberts & Andrews | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017