8 Orchard Way
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 |
|---|---|---|---|
| Aug 16, 2024 | Sold | ||
| Sold | |||
| May 30, 2024 | Listed by Compass | $975,000 | |
| Listed by Compass | |||
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Welcome to 8 Orchard Way, a just renovated stunner located at the end of a cul-de-sac in desirable Whitman. This 3,500+ sqft, 4+ bedroom home blends modern elegance with timeless charm. Upon entry, you'll notice the meticulous attention to detail. The chef's kitchen is a culinary dream with top-tier appliances, quartzite counters, and slab backsplash with great storage. The open living room is bright and airy, featuring a vaulted ceiling and gas fireplace. The large primary suite offers a serene retreat with walk-in closet and a spacious bathroom with a quartz double vanity. Two additional bedrooms, second-floor laundry, and a full bath lead to the newly finished third floor that hosts a private fourth bedroom. The finished walkout lower level is perfect for entertaining, with a built-in bar, living area, half bath, and separate office/guest space or gym. Outside, enjoy a private oasis with an in-ground pool and a spacious yard for outdoor fun and a deck for al fresco dining.
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| Jun 23, 2023 | Sold | ||
| Sold | |||
| Mar 30, 2020 | Sold | ||
| Sold | |||
| Mar 6, 2020 | Listed by Compass | $589,900 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017