48
Map
236 Orangewood Drive
About This Property
The bathroom has been completely remodeled: new tub/shower combo, custom tile and vanity. The mechanicals match: a 2026 energy-efficient HVAC system, furnace, and tankless water heater, all new.
Outside: a 2026 Timberline HDZ roof on the house and shed, new driveway, front and back porches, and finished landscaping. Location is a commuter's dream, walk to the park and elementary school, quick access to the Garden State Parkway and Route 70, and a short drive to the Jersey Shore beaches.
The real upside: a 14,700 sq. ft lot with room to potentially subdivide or build an outdoor oasis of your dreams. Move-in ready, with potential that's just getting started.
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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 |
|---|---|---|---|
| Oct 6, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$469,900
↓ $20K
(4.1%) | |
| Price Decreased | |||
| Jul 23, 2026 | Listed by Natale Realtors | $489,900 | |
| Listed by Natale Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017