54 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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by Compass Greater NY, LLC | $849,000 | |
| Listed by Compass Greater NY, LLC | |||
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Move right in to this charming, chic Milton Point Colonial. You will love walking to the marina, beach, parks, local food favorites, schools & more. This renovated home looks like a page out of your Restoration Hardware catalog. From the fabulous fieldstone, wood burning fireplace to the light strung patio you will enjoy entertaining & relaxing year round. The first floor bedroom has a vaulted ceiling, 2 skylights, 3 windows & barn door for fabulous closet space. The first floor ensuite bathroom features Carrara marble, Restoration Hardware vanity, fixtures, mirror & sconce, walk in marble shower & shiplap wall. The upstairs has 2 bedrooms, the hall bath has floor to ceiling Carrara marble with herringbone heated floor, aged brass shower & sink fixtures, lighting, mirror & walnut vanity - all from Restoration Hardware. Recessed lighting and custom board and batten finish off the room. The kitchen has marble countertops, 4 burner gas stove top with griddle, eat in area & sliding door to patio. Other features include; bright & light throughout, Central AC, Anderson windows, Nest thermostats, hardwood floors, solid wood doors, Emtek hardware, roof approx 13 years old, exterior painted 2019, low taxes & more. This home is perfect for first time home buyers, downsizers or those looking to rent, this fabulous home would be less expensive than most Rye rentals. Whatever the case may be, move in & start enjoying the Rye lifestyle & all this home offers.
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| Aug 29, 2012 | Sold | ||
| Sold | |||
| Mar 19, 2012 | Listed by Sheri S Padernacht | $499,000 | |
| Listed by Sheri S Padernacht | |||
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Great entry into award winning school district. Charming colonial in heart of Rye. Few blocks from the beach. Many improvements. Walk to bus for RR station.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017