8 Orchard Road #A
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Oct 22, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | Listed by Coldwell Banker Realty - Beverly | $1,699,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| Feb 9, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2023 | In contract | - | |
| In contract | |||
| Jun 15, 2023 | Listed by Coldwell Banker Realty - Beverly | $1,795,000 | |
| Listed by Coldwell Banker Realty - Beverly | |||
| | |||
|
Orchard Estates by the Sea is a unique residential project featuring single-family townhouses that boast unparalleled comfort and luxury in an optimal location in East Gloucester. Designed and executed by a team of architects, designers and builders. Each residence offers chef's kitchen open concept living and dining area with primary first & second floor bedroom suite. High ceilings, illuminated by a 10-foot sliding glass door that leads out to a spacious patio. Homes also includes oversized two-car garage, four bedrooms, 3.5 bathrooms, two laundry areas, a family room and a flex room on the second floor with access to a balcony to enjoy. Professionally landscaped, private area, close to Niles Beach, Rocky Neck and Back Shore. Absolutely amazing home with ability to customize.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/21/2024
|
4 Bed
|
4 Bath
|
3100 ft²
|
$1,699,000
4 Bed
4 Bath
3100 ft²
|
$1,645,000
-3.18%
10/22/2024
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
09/21/2024
|
4 Bed
|
4 Bath
|
3100 ft²
|
$1,699,000
4 Bed
4 Bath
3100 ft²
|
-
-
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
06/15/2023
|
4 Bed
|
3 Bath
|
3100 ft²
|
$1,795,000
4 Bed
3 Bath
3100 ft²
|
$1,875,000
+4.46%
02/09/2024
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
06/15/2023
|
4 Bed
|
4 Bath
|
3100 ft²
|
$1,795,000
4 Bed
4 Bath
3100 ft²
|
$1,875,000
+4.46%
02/09/2024
|
Michelle Mineo
Coldwell Banker Realty - Beverly
| |
|
03/08/2022
| |
5 Bed
|
5 Bath
|
3444 ft²
|
$1,995,000
5 Bed
5 Bath
3444 ft²
|
$2,200,000
+10.28%
06/29/2022
|
Holly Chiancola
Holly C & Co. Fine Homes
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017