2656 Orange Avenue
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 31, 2025 | Sold | ||
| Sold | |||
| Jul 21, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Price Decreased |
$49,500
↓ $400
(0.8%) | |
| Price Decreased | |||
| Mar 21, 2025 | Listed by Lokation Real Estate | $49,900 | |
| Listed by Lokation Real Estate | |||
| | |||
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This residential building lot is a fantastic opportunity for your new home! Survey on file. The lot is partially cleared. It is flat, high, and dry, ensuring a solid foundation for your future home. Located on a paved road, this lot has a 128-foot frontage and stretches 155 feet deep. Ideal for a variety of home designs, this lot offers the perfect setting for your dream property. ***There is another lot right behind this lot on Myrtle Ave for sale separately, making a total of 0.92 acre***
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| Jun 24, 2022 | Sold | ||
| Sold | |||
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Last Updated: 5 months ago
Data Source: Space Coast MLS, MLS# 936128
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017