717 Orchard Road
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%.
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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 |
|---|---|---|---|
| Jul 27, 2023 | Sold | ||
| Sold | |||
| Jun 21, 2023 | Listed by Element Real Estate | $835,000 | |
| Listed by Element Real Estate | |||
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Space, sunlight, and efficiency. This four bedroom colonial gives you a tremendous amount of room to roam both inside and out. The two car garage offers a new Level 2 charger for EVs, and leads to a dedicated mudroom, laundry, and pantry area with a convenient half bath. From there, the slate entryway opens to a spacious living room featuring hardwoods, exposed beams, a wood stove insert, automatic window blinds, and access to the sunny screened-in porch. A breakfast nook adjoins the spacious kitchen, and the formal dining room has plenty of room for larger gatherings. A large den rounds out the first level, and provides access to the expansive back deck. Upstairs, you'll find a primary suite, complete with dual closets, large bath, and west-facing windows. Three other bedrooms and a tastefully updated full bath round out this level. In the basement you'll find even more usable space, with a huge rec room, a second finished room/gym, and tons of unfinished storage. Other recent upgrades include a five head mini-split heat/AC system, new blinds throughout, smart home security system, attractive "puppy spaced" fence in the backyard, and new composite decking, porch screens, and sliding doors. Sitting back on a flat, lush five-acre lot close to the Shelburne town line, this home is perfect for anyone who feels that Vermont's seasons are meant to be enjoyed outdoors, and the bucolic surroundings almost make you forget how close you are to everything Burlington has to offer.
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| Nov 30, 2020 | Sold | ||
| Sold | |||
| May 29, 2020 | Listed by Flex Realty | $669,999 | |
| Listed by Flex Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017