2006 2nd Street
About This Property
Listed By
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 21, 2026 | Price Decreased |
$47,999
↓ $7K
(12.7%) | |
| Price Decreased | |||
| Aug 20, 2025 | Price Decreased |
$54,999
↓ $7K
(10.9%) | |
| Price Decreased | |||
| Mar 1, 2025 | No longer available | - | |
| No longer available | |||
| Feb 21, 2025 | Listed by 1st Texas Realty Services | $61,749 | |
| Listed by 1st Texas Realty Services | |||
| Nov 4, 2024 | Listed by 1st Texas Realty Services | $61,749 | |
| Listed by 1st Texas Realty Services | |||
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INVESTORS! 2006 2nd Street is a renovation-ready home in Orange, TX! With two bedrooms, one bathroom, and 1,704 square feet of livable space, this property offers ample potential for customization. Featuring wood/vinyl flooring throughout most of the home and a spacious kitchen with its own designated area, it provides a solid foundation for renovation. Additionally, arched walkways and built-in shelving add character to the space. Situated on a generous 14,810 square foot lot, this property offers plenty of land value and endless possibilities for outdoor activities or whatever you desire. This location is right by the Texas-Louisiana borderline, and just 30 minutes from Lake Charles! Being sold As IS . Don't miss the opportunity. Call us today for more information!
This property is part of an exclusive investor special package available for a limited time. Click the following link to learn more and seize this unique opportunity! >>Orange Package
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017