83 Westorchard 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%.
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 |
|---|---|---|---|
| Sep 20, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| Jun 6, 2024 | Listed by William Raveis-New York, LLC | $1,050,000 | |
| Listed by William Raveis-New York, LLC | |||
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Step into history with this traditional 4-bedroom Colonial home built in the 1800s, showcasing original finishes and modern updates. Situated on 1.97 acres of level and private property at the end of a quiet cul-de-sac, is just steps away from the scenic North County bike trail. This property includes a separate outbuilding with electricity and a wood stove perfect for a home office or gym. Inside a traditional floor plan with original wide plank flooring, an inviting covered front porch brings you to the main level with a living room, library/den, formal dining room, and kitchen with granite counters and stainless-steel appliances. A back door entry to a mudroom area, full bathroom, and expanded family room with French doors to a private deck with retractable sun awning. Upstairs, original wide plank flooring continues throughout with a primary bedroom, walk-in closet, en suite bathroom, three additional bedrooms, and a full hall bathroom with laundry. The basement has a natural wine cellar with a cooling unit for temperature control. Enhanced with central air, whole house generator, exterior painting, and carpentry (2022) and outbuilding with new roof (2024).
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| May 9, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017