5602 Orlando 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 |
|---|---|---|---|
| May 12, 2026 | Price Decreased |
$1,000,000
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Apr 21, 2026 | Listed by Homestead Real Estate | $1,200,000 | |
| Listed by Homestead Real Estate | |||
| Apr 5, 2022 | No longer available | - | |
| No longer available | |||
| Dec 21, 2021 | No longer available | - | |
| No longer available | |||
| Dec 20, 2021 | Listed by Williams & Company Real Estate | $875,000 | |
| Listed by Williams & Company Real Estate | |||
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Amazing quality of construction in this 7200 square foot home in the central Lubbock - Melonie Park area. This home features concrete walls & steel frame construction, hydronic heating system, an elevator and 36 inch doorways and a beautiful pond with bridge walkways to the pool with an automatic cover. You will fall in love when you enter the home to the living room that features soaring ceilings and amazing natural light with views to the backyard oasis. The kitchen is designed for a chef with Wolf appliances, 2 dishwashers, a large serving island with a second sink & abundant storage space. The basement is the perfect area for entertaining family & friends with a movie theater area, a large bedroom, stone fireplace and multiple living spaces. Too many features to list out - call for your private showing today! The manager has listed the unit size as 7209 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017