8774 ORCHARD DR
About This Property
Spacious Living Areas: Open-concept layout with hard wood floors, high ceilings and abundant natural light, complemented by 2 gas fireplaces for cozy evenings .
Gourmet Kitchen: Chef's delight with stainless steel appliances, granite countertops, and ample storage space.
Luxurious Bedrooms: Featuring a first-floor primary suite with new carpet (2023), walk-in closet, and a spa-like ensuite bathroom.
Additional Features include: Tankless water heater for efficiency, whole house generator for peace of mind, recently renovated garage highlighting ample storage and recently new roof (2 years old) with a 30-year shingle warranty.
The stunning backyard offers a true outdoor retreat with curb appeal enhanced by a Japanese maple and meticulously landscaped surroundings. Enjoy a propane-heated concrete pool with a 6-foot deep end and built-in love seat, professionally maintained. The composite deck is ideal for outdoor entertainment and relaxation. Don't miss the chance to own this exceptional home! Contact me today to arrange a private viewing.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017