242 E Paddle Wheel
About This Property
All four bedrooms and two full bathrooms are located on one level, with the bathrooms beautifully remodeled to feature new tile and modern fixtures. Energy-efficient dual-pane windows flood the home with natural light while reducing utility costs. Outside, newly landscaped yards frame the property, and the attached two-car garage boasts sleek epoxy flooring. Situated within the highly rated Orange Unified School District, this home is close to Fletcher Elementary, Cerro Villa Middle School, and Villa Park High School. With its park-adjacent location, turnkey condition, and thoughtful upgrades, this is the one you've been waiting for. Schedule your private tour today and experience turnkey living at its finest.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Nov 19, 2025 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Circa Properties, Inc. | $1,200,000 | |
| Listed by Circa Properties, Inc. | |||
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 21, 2025 | Listed by Circa Properties, Inc. | $825,000 | |
| Listed by Circa Properties, Inc. | |||
| | |||
|
Charming Single-Family Home in Desirable Orange Neighborhood. This well-established 4-bedroom, 2-bathroom home offers 1,618 square feet of comfortable living space on peaceful Paddle Wheel Circle. The property is situated within the highly rated Orange Unified School District, with nearby schools including Fletcher Elementary School, Cerro Villa Middle School, and Villa Park High School. This established neighborhood features mature landscaping and is perfect for families seeking a sense of community in Orange. The home's classic 1970s architecture offers potential for personalization and updates, making it an excellent opportunity for buyers seeking to create their dream home in this highly sought-after area. With its convenient location and solid bones, this property represents both comfortable living and investment potential in Orange's thriving real estate market.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017