For SaleRisky Deal56 days on market
8 Orchid Street
8 Orchid Street, Floral Park, NY 11001, Floral Park, NY 11001
$949,000
Listing Price
8 Orchid Street, Floral Park, NY 11001
Loc: Floral Park, NY
Days Listed
56
Tax Assessed
$1k
Lot Size
6,500 sqft
Type
single family
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
9
John Lewis Childs School
PK-6
0.8 mi away
5
Sewanhaka High School
7-12
0.1 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
colonialbrick exteriortwo-storyattached garagearched entrywaysymmetrical designshuttered windowsslate roofbrick walkwaylandscaped lawntraditionalcharmingcurb appealresidentialclassic
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.03%
Total ROI
89.9%
Cash Flow
$-158/mo
DSCR
0.97
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-158/mo net cash flow with a 6.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.0%)
- • Strong rental demand in Floral Park
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-12 | Price change | $949,000 | $628 |
| 2026-08-07 | Price change | $998,000 | $660 |
| 2026-07-30 | Listed for sale | $1,085,000 | $718 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2024 | $0 | $560 |
| 2023 | $0 | $575 |
| 2022 | $0 | $614 |
| 2021 | $8,039.28 | $0 |
| 2020 | $8,747.97 | $885 |
| 2019 | $9,770.15 | $948 |
| 2018 | $9,770.15 | $1,093 |
| 2017 | $9,182.8 | $1,093 |
| 2016 | $9,014.36 | $1,093 |
| 2015 | $1,622.84 | $1,093 |
| 2013 | $1,488.94 | $1,093 |
| 2012 | $1,410.99 | $1,093 |
| 2011 | $5,834.09 | $1,093 |
| 2010 | $5,431.1 | $1,160 |
| 2009 | $0 | $1,354 |
| 2008 | $0 | $1,449 |
| 2006 | $0 | $1,367 |
| 2005 | $0 | $2,287 |
| 2004 | $0 | $3,752 |
| 2003 | $0 | $3,752 |
| 2002 | $0 | $7,850 |
| 2001 | $0 | $7,850 |
| 2000 | $0 | $7,850 |
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