7302 ORIOLE AVENUE
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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 |
|---|---|---|---|
| May 2, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed | $990,000 | |
| Listed | |||
| | |||
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Offers due by 7pm 3/2/25!! Renovated in central Springfield! Newly renovated single family home situated on a spacious half acre flat lot with 4 /5 bedrooms, 3 full baths, 3 fireplaces, office and garage! Open floorplan! Office or 5th bedroom off front entrance with sliding bookshelves and modern barn door that add privacy! Recently refinished hardwoods! Kitchen has been redesigned with an enhanced backsplash, large granite breakfast bar and upscaled stainless appliances which includes a 6 burner stove for the chef in your home! The Great Room/Family room addition provides a cozy fireplace, wet bar, a wine and a separate beer refrigerator, all overlooking the large private fenced yard. French doors lead to the covered all weather pergola patio for easy entertainment plus firepit area! Outside new shed adds additional storage with electricity! Upper level, the primary bedroom boasts a generous walk-in closet with organizers, and ensuite bath has separate shower plus lights under the cabinets! Finishing out the upper level, three additional bedrooms, two with charming New Orleans-style balconies overlooking the expansive front yard. New windows, plus many other features! Conveniently located near restaurants, shopping and commuter routes. NO HOA!
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| Aug 28, 2023 | Sold | ||
| Sold | |||
| Aug 7, 2023 | In contract | - | |
| In contract | |||
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About Springfield
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017