7129 ORANGE TREE Lane
About This Property
The primary suite offers An ample bathroom for added convenience. Three additional bedrooms provide plenty of space for guests or could easily be transformed into a home office or gym. Outside, enjoy the sunny weather in the spacious backyard that is perfect for gardening or relaxing. Located in a desirable neighborhood close to schools, parks, shopping, and dining options, this property truly has it all in a well established neighborhood!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| Jul 9, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by OTRE Group, LLC | $225,000 | |
| Listed by OTRE Group, LLC | |||
| Nov 28, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Grow Real Estate Firm | $219,950 | |
| Listed by Grow Real Estate Firm | |||
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Welcome to a refined haven nestled on a quiet street, boasting top-tier updates for modern comforts. Revel in the refreshing refrigerated air or delight in the recent enhancements: sleek windows, a durable roof, chic main-area flooring, and bespoke cabinetry. The heart of the home presents a gourmet kitchen adorned with granite countertops, a tasteful custom backsplash, an island illuminated by pendulum lights, and striking black stainless-steel appliances. This open-concept space seamlessly merges into expansive formal and family zones, accentuated by a cozy fireplace—ideal for grand entertaining. Step outdoors to a spacious patio, complemented by a versatile storage unit or potential workshop. With pristine landscaping both front and rear, upkeep is a breeze. Experience this gem soon; schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017