13741 Canyon Drive
About This Property
Disclaimer: Images are for reference only. Buyers are advised to independently verify lot location, boundaries, utilities, zoning, addressing, access, buildability, and all intended uses to satisfy themselves.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Listed by Real Brokerage Technologies | $17,500 | |
| Listed by Real Brokerage Technologies | |||
| Aug 3, 2025 | Price Increased |
$42,000
↑ $12K
(40%) | |
| Price Increased | |||
| Jul 18, 2025 | Listed | $30,000 | |
| Listed | |||
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Build your dream among the tall evergreens on this .91 acre parcel tucked in the heart of Magalia. Located in the Paradise Pines Property Owners Association, this lot offers a quiet wooded setting with paved road access and utilities nearby. Enjoy the fresh mountain air, the beauty of surrounding pines, and a sense of calm that makes every day feel like a retreat. Whether you’re planning a future home or investing in land, this property puts you just minutes from Paradise Lake, local shops, and outdoor recreation. Come explore the potential of this inviting mountain community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017