40
Map
132 Paul's Lane
About This Property
Situated on 1.3 acres at the end of a private cul-de-sac with few neighbors, southern exposure, easy to access from HWY 285 and easy to access driveway, gravel wrapped around home to prevent rain splash and help drainage. The parcel has been professionally fire mitigated. Private fishing rights on the shire of nearby stocked pond. Truly a very unique and rare opportunity, must be seen in person to appreciated fully. 1-year builders warranty offered. Property was designed with modern mountain living in mind by a local experienced professional.
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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 |
|---|---|---|---|
| Aug 8, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Price Decreased |
$699,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Jun 2, 2025 | Price Decreased |
$709,000
↓ $21K
(2.9%) | |
| Price Decreased | |||
| May 9, 2025 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017