601 S Orange Grove Boulevard
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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%.
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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 |
|---|---|---|---|
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 31, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $3,599,000 | |
| Listed | |||
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Johnson, Kaufmann and Coate, FAIA; Katherine Bashford, FASLA; The Harriet Gray Estate, 1924. Built in 1924, every inch of this Italian Renaissance Revival mansion and its walled private rear gardens and fountains are distinguished by status and pedigree. Because much of its original historic fabric has been retained, the 5,894-square-foot, two-story, seven-bedroom, four-bathroom residence and grounds continue to convey the elegance of the late 1920s and '30s. The expansive ground floor layout features high-ceilinged, airy, big-boned living and dining rooms with massive walnut doors, newly polished wood floors, and archways leading to the powder room and kitchen wing. The front door with its wrought iron gates (permitting breezes and separation from the outdoors with class) opens to a double-height foyer and straight out again to the rear terrace bordered with concrete columns. Elaborate period wall sconces adorn these rooms, as well as the north-south bedroom wing upstairs, containingthree handsome bedroom-bath suites and dressing rooms, while the east-west wing of four smaller bedrooms appears to have been devoted entirely to staff. Guest house, 2 car garage. The manager has listed the unit size as 5894 square feet.
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| May 10, 2018 | Listed by COMPASS | $3,599,000 | |
| Listed by COMPASS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017