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38555 Orangecrest Road
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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$499,000
↓ $20K
(3.9%) | |
| Price Decreased | |||
| Sep 26, 2026 | Price Decreased |
$519,000
↓ $16K
(3%) | |
| Price Decreased | |||
| Sep 16, 2026 | Listed by The Lori Bowers Group | $535,000 | |
| Listed by The Lori Bowers Group | |||
| Sep 9, 2024 | Sold | ||
| Sold | |||
| May 4, 2024 | Listed by Compass | $442,500 | |
| Listed by Compass | |||
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Enter this light and airy Opal model located on a HOA maintained greenbelt. It features 10' ceilings, multiple skylights, transom windows, ceiling fans and plantation shutters throughout. The light, bright kitchen has abundant cabinetry, Corian counters, a bay windowed breakfast nook and a formal dining room. Flowing from the kitchen, the family room/den has additional cabinetry/counter space, perfect for entertaining and overlooks the large patio. A living room provides more seating/options. The spacious en-suite features a bay window, a bath with a custom walk-in closet with adjustable shelving, a glass enclosed shower, a sitting vanity, linen closet, dual sinks and cultured marble counters. Located at the front of the home is the second bedroom with a custom closet/adjustable shelving. The guest bath has a tub/shower. A hallway between 2nd bath & bedroom has built in storage as does the indoor laundry room. The 2car garage has ample storage and a side door. There is a desert scaped semi enclosed front courtyard & large rear patio. The spacious patio provides a relaxing, tranquil environment &plenty of room for entertaining. A new HVAC system was installed in 2021, there's a potassium water softener, 120 & 240 outlets in den & electrical outlets in the courtyard and patio. HOA maintains greenbelt, surrounding grounds, roof, stucco and exterior painting (done 2022). A Golf Cart (new batteries 2024) & Furnishings for sale outside of escrow. Sun City Palm Desert.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017