38515 Orangecrest Road
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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%.
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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 5, 2024 | Sold | ||
| Sold | |||
| Jan 28, 2024 | Listed by Fathom Realty Group Inc. | $534,500 | |
| Listed by Fathom Realty Group Inc. | |||
| Feb 17, 2022 | No longer available | - | |
| No longer available | |||
| Dec 21, 2021 | In contract | - | |
| In contract | |||
| Dec 16, 2021 | Listed by Bennion Deville Homes | $499,000 | |
| Listed by Bennion Deville Homes | |||
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Falling in love at first sight is easy to do the minute you enter the front courtyard to this 2 bedroom/2 bath home with private office and 2 car garage. This is the coveted "Baccarat" model floorplan, with plantation shutters throughout the open floor plan, great separation of bedrooms, and private rear patio and back yard with mature fruit and shade trees. Del Webb's Sun City is a 55 plus, guard gated and patrolled resort style community, with plenty of amenities such as golf, tennis, pickleball, softball, bocce, fishing lake, bike and jogging paths, green belts, dog parks, and three clubhouses with pools, fitness, dining, entertainment, and more! Why not live where you can be as active as you want, or just enjoy the peace and quiet of the splendidly maintained neighborhood all at an affordable price! Browse the pictures, take the virtual tour, and schedule your appointment to see it today! The manager has listed the unit size as 1836 square feet.
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About Desert Palms
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Currently no similar homes aroundNearby Rentals
$4,100 /mo
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$3,800 /mo
- 2 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017