7025 Orchid Tree 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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | In contract | - | |
| In contract | |||
| Jan 20, 2025 | Price Decreased |
$774,000
↓ $25K
(3.1%) | |
| Price Decreased | |||
| Dec 31, 2024 | Listed by RE/MAX Aerospace Realty | $799,000 | |
| Listed by RE/MAX Aerospace Realty | |||
| | |||
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Privacy abounds on 2.26 acres estate. This beautiful 2,844 sq. ft. open plan home has 4 bedrooms, 3 baths, a bright office, dining room, large family room with views of the enclosed pool deck. There are ceiling fans in every room and the kitchen has stainless appliances including refrigerator, gas stove, double oven with lots of cabinet space, a roomy pantry, a breakfast nook also with a pool view. The large master bedroom, again has a pool view, large closets, and a grand bathroom with a double sink vanity, a jetted tub, and a separate glass brick shower. The 3-car garage has built in shelves, a large workbench area and storm shutters for the house. The driveway has boat/RV parking and the yard is huge. Home also has a Generac propane generator that powers most of the house as well as lots of upgrades in the last 5 years, checkout the list attached to MLS, as well as a BRAND NEW ROOF. This friendly Cypress Lake Estates neighborhood is near shopping, churches, schools and restaurants.
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| Apr 30, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017