40
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26 Delaware Road
About This Property
Step inside to find hardwood floors, granite countertops, central air conditioning, and numerous tasteful cosmetic improvements that create a warm and inviting atmosphere throughout the home. Major updates provide added peace of mind, including a basement waterproofing system with battery backup (2022), new furnace (2022), new hot water heater (2021), and a whole-house water filtration system with updated faucets (2025).
The outdoor space is equally enjoyable, featuring an above-ground pool, a storage shed, and a long driveway offering ample off-street parking. Whether you're relaxing outdoors or entertaining guests, this property provides a comfortable setting to enjoy throughout the seasons.
Conveniently located near shopping, restaurants, parks, schools, and major commuter routes, this home offers a fantastic opportunity to own a thoughtfully updated property in the Town of Newburgh. Schedule your private showing today and experience all that this home has to offer.
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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.
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About Orange Lake
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017