2323 Orangewood Drive
About This Property
Solid, well maintained home in quiet neighborhood. Easy access to I-85, just minutes to Duke, Downtown Durham and Chapel Hill.
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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 |
|---|---|---|---|
| Apr 9, 2026 | Sold | ||
| Sold | |||
| Mar 5, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Listed by Relevate Real Estate Inc. | $429,900 | |
| Listed by Relevate Real Estate Inc. | |||
| Oct 18, 2025 | Listed | $444,900 | |
| Listed | |||
| | |||
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Well kept 4 Bedroom, 2 Bath West Durham Home. Front 1/4 of lot is in Durham Co, Rear 3/4 of lot is in Orange Co. Schools are Orange county. Home features beautifully refinished Hardwood floors on main and upper levels. New LVP in Kitchen and Lower level. All new PEX plumbing throughout. Floored attic with new R-38 insulation. New HVAC, all duct work and registers have been cleaned and sanitized. 2 Gas Log fireplaces. No through traffic on Orangewood. Delightful, partially fenced Back Yard with small stream, Kitchen is dated but highly functional and ready for refashioning to taste.
Solid, well maintained home in quiet neighborhood. Easy access to I-85, just minutes to Duke, Downtown Durham and Chapel Hill.
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| Apr 17, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017