1416 Burdaparadise Lane
About This Property
1416 Burdaparadise Lane AP# 050-070-072 is 1.71 acres.
8846 Skyway AP# 050-070-055 is .35 acre.
8850 Skyway AP# 050-070-057 is 1.02 acre.
8854 Skyway AP# 050-070-056 is .61 acre.
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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 |
|---|---|---|---|
| Oct 14, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 21, 2025 | Listed by Re/Max Home and Investment | $109,500 | |
| Listed by Re/Max Home and Investment | |||
| Mar 26, 2025 | Listed | $119,500 | |
| Listed | |||
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Fantastic Opportunity to own 4 Parcels which pre-camp fire had 10 homes that were lost. 3 of the 4 lots back up to the Paradise bike and walking trail. Nice level lots with tons of possibilities.
1416 Burdaparadise Lane AP# 050-070-072 is 1.71 acres.
8846 Skyway AP# 050-070-055 is .35 acre.
8850 Skyway AP# 050-070-057 is 1.02 acre.
8854 Skyway AP# 050-070-056 is .61 acre.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017