1421 Coldren Road
About This Property
Located in the heart of Paradise, California, this expansive vacant land is the perfect canvas for your dream home. Nestled among towering trees, this serene property offers privacy, tranquility, and a stunning peek-a-boo view of the iconic Little Butte Creek Canyon. If you're seeking a slice of nature with the convenience of modern living nearby, this property is an exceptional opportunity. The home that was here on the property before the 2018 Camp Fire had 3 bedrooms, 2 bathrooms, 2,271 sq ft, a detached garage, and a detached ADU, and additional street access to/from Quail Way.
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Oct 22, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Price Decreased |
$37,000
↓ $8K
(17.8%) | |
| Price Decreased | |||
| Oct 10, 2024 | Relisted | $45,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017