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2051 ORANGE DRIVE
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 |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Price Decreased |
$48,000
↓ $2K
(4%) | |
| Price Decreased | |||
| May 7, 2026 | Listed by KELLER WILLIAMS REALTY- PALM H | $50,000 | |
| Listed by KELLER WILLIAMS REALTY- PALM H | |||
| Mar 17, 2025 | Listed | $75,000 | |
| Listed | |||
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Offered as part of a divisible, four-property portfolio. Preference will be given to prospective purchasers that submit offers on all four properties. Please reach out to the listing agent for financial information on the portfolio. DO NOT SPEAK WITH ANY OF THE TENANTS OR ACCESS THE PROPERTY WITHOUT PRIOR CONSENT OF THE LISTING AGENT.
2 bedroom, 1 1/2 bathroom home, located only two doors down from the community clubhouse.
Fenced in back yard with a shed, washer and dryer hook ups.
Centrally located near shopping, restaurants bus routes and beaches.
Tenant in place for immediate rental income opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017