7 Orchard Place
About This Property
Opportunity knocks with this charming Cape. The home is ideally located on a desirable dead end street, on a sizable lot in a beautiful, established neighborhood known for its community feel. 7 Orchard is just steps from top-rated schools, local shops and delicious dining spots. Harrison is just 22 miles from NYC and a 45 min commute to Grand Central. Whether you're an investor, renovator, or homeowner with a dream, this is your chance to create something truly special. The home is being sold strictly AS IS
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017