13817 Ferguson
About This Property
Exceptional opportunity to own a beautiful .24-acre building lot in the desirable Paradise Pines Property Owners Association in Magalia. This unique parcel offers a peaceful, park-like setting-backing directly to school district property, creating a natural greenbelt feel with added privacy. Even more, a POA greenbelt sits just across the street, enhancing the open, serene surroundings.
Previously home to a 2-bedroom, 3-bath residence of approximately 1,562 square feet, this lot provides a prime foundation for your future build. Utilities are conveniently available at the street, helping streamline your development plans.
Enjoy access to outstanding Paradise Pines HOA amenities, including a swimming pool, tennis and pickleball courts, bocce ball, horseshoe pits, a clubhouse with game room, lending library, and a seasonal bar for weekend gatherings-perfect for relaxing and connecting with neighbors.
Located on the scenic Paradise Ridge, this property places you at the heart of an outdoor recreation haven. Explore nearby lakes, rivers, and endless opportunities for hiking, biking, fishing, kayaking, and more-offering the ideal blend of nature, recreation, and foothill living.
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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 19, 2026 | Listed by American Homes and Land | $13,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017