740 Orchard Loop
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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 |
|---|---|---|---|
| Oct 2, 2017 | Sold | ||
| Sold | |||
| Jul 14, 2017 | Listed | $595,000 | |
| Listed | |||
| | |||
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Enter this beautiful home through a private walkway and shaded patio area outside the front door leading into the formal living and dining area* This space has a vaulted ceiling and is filled with natural light* The focal point of the room is the fireplace which services both the living room and the family room* The first floor also provides extra living space by it's family room connected to the updated kitchen with granite counter tops* Situated on the back side of the house, the kitchen overlooks, along with the additional eating area, the beautiful backyard area with mature trees and greenery, a perfect place to relax* To service guests there is a 1/2 bathroom on the first floor with an updated sink* The laundry room with a sink basin is inside the house, leading you to the 2-car attached garage* All bedrooms are upstairs* In addition to the three bedrooms, there is an additional bonus room on the 2nd floor with a large window for natural light* The master bedroom includes ample space with a sitting area and high ceilings, lots of windows overlooking the backside of the house* The master bathroom has a large walk-in-closet with updated double sinks* The home boasts in ample storage space throughout and pride of ownership* Don't miss out on this great gated community with a pool and spa* Property is great for commuters as it's located near the Gold Line*The manager has listed the unit size as 2106 square feet.
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| Jun 6, 2017 | Listed by INTERO REAL ESTATE SERVICES | $585,000 | |
| Listed by INTERO REAL ESTATE SERVICES | |||
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About Azusa
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$2,400 /mo
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- 1 Bath
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$4,400 /mo
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- 1,731 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017