5624 Orange Avenue
About This Property
Great location: Across from the Park and Cypress Parks & Recreation Center. Easy Walk to Highly Rated schools including: Oxford Academy, Cypress High School, Morris Elementary, and Cypress College. The Large Master Suite includes High Volume Ceilings, Walk-in Closet, and Private Bath. The Master Bath features Dual Wash Basins, Refinished Cabinets, Soaking Tub and Separate Shower. The Main Living Area includes Spacious Living, Dining Room, and Family Room all offer Vaulted Ceilings. The Family Room includes a Fireplace, and Large Private View Balcony. The Open and Bright Kitchen includes a Breakfast Bar. Additional Features: Main level Bedrooms are finished with Wood Laminate Floors, Ceiling Fans, and New Refinished Smooth Ceilings. These bedrooms have New Sliding Glass Doors with access to the Spacious Backyard. This home is finished with Brand New Interior and Exterior Paint in March 2019. The Newer Roof includes Fully Owned Solar Panels. Seller's Electric bills have been Zero the past two months. Other Pluses include Raised Panel Interior Doors; and Central Air Conditioning System. The Private Backyard is Fully Fenced with Block-wall, and includes a Patio for Outdoor Dining, and Large Lawn Area. Direct Access Double Bay Garage with Driveway.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 22, 2025 | Listed | $999,000 | |
| Listed | |||
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5624 Orange is a two-level home offering over 1,800 sq ft with a "reverse" floor plan. Features include vaulted ceilings, a primary suite with walk-in closet and soaking tub, two additional bedrooms with yard access, an attached two-car garage and more. Seller stated owned solar and a newer roof. Home is 1 of 4 on lot listed per assessor as Lot size 12,169 Sq. Ft.
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| Aug 21, 2019 | Sold | ||
| Sold | |||
| Jun 11, 2019 | No longer available | - | |
| No longer available | |||
| May 26, 2019 | Price Increased |
$647,000
↑ $22K
(3.5%) | |
| Price Increased | |||
| Mar 27, 2019 | Listed by RE/MAX College Park Realty | $625,000 | |
| Listed by RE/MAX College Park Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017