40
Map
961 Orchid Hill Lane
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%.
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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 |
|---|---|---|---|
| Jun 8, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| Apr 16, 2026 | Listed by Kevin Lewis Properties | $2,500,000 | |
| Listed by Kevin Lewis Properties | |||
| Feb 21, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Better Homes & Gardens, Winans | $1,999,000 | |
| Listed by Better Homes & Gardens, Winans | |||
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Arguably the most breathtaking view in Denton County! No expense was spared on this spectacular property. The entire 6+ acre property is fenced in with 4 ft pipe fencing, has a 0.75-acre pond stocked in 2019 with largemouth bass with aeration pump and custom dock, 850 ft deep water well with pump for irrigation and stone wellhouse, huge covered and paved shed, and so much more! Walking through the front door, you are greeted by warm hardwood floors, a wall of windows with the most beautiful views, and vaulted ceilings with solid cedar beams in the spacious open great room. Kitchen boasts a huge center island, commercial grade gas range and vent, built-in refrigerator, and ample storage. Head out back to the backyard oasis with negative edge spa, pool with chiller and in-floor cleaning system or go down to the pond and fish for large-mouth bass or sit around the firepit.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017