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55 Orange Terrace
About This Property
The home offers three bedrooms and a full bathroom with a tub/shower combination and wood cabinetry for storage. The lower level offers excellent potential for additional living space and an attached two-car garage. Outside, the property offers a beautiful back yard with a broad lawn, established landscaping, a paved rear patio, and attractive hardscaping with retaining walls that help define the sloped lot.
Located in Middletown within the Middletown School District, the property is convenient to local shopping, dining, recreation, and transportation. The nearby Metro-North station provides service to NYC on the Port Jervis Line, while the Galleria at Crystal Run offers more than 100 shopping, dining, and entertainment options. The city also maintains numerous parks and recreational facilities. Major road connections including NY-17/I-86, NY-211, and I-84 provide access throughout Orange County and the surrounding Hudson Valley.
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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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by eXp Realty | $325,000 | |
| Listed by eXp Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017