1604 Rowyn
About This Property
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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 |
|---|---|---|---|
| Sep 16, 2026 | Listed by Re/Max Home and Investment | $335,000 | |
| Listed by Re/Max Home and Investment | |||
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Nov 18, 2025 | In contract | - | |
| In contract | |||
| May 19, 2025 | Price Decreased |
$34,800
↓ $15K
(29.7%) | |
| Price Decreased | |||
| Feb 6, 2025 | Listed by Re/Max Home and Investment | $49,500 | |
| Listed by Re/Max Home and Investment | |||
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Discover the potential of this desirable, oversized ¾-acre lot nestled on a quiet street in the heart of Paradise! Zoned TR 1/3, this property offers exciting possibilities—you may have the option to build two homes or a duplex (subject to Town of Paradise approval) or design your dream home surrounded by newly built residences. This generous parcel features a charming water feature ready to be restored to its former beauty, along with mature shrubs, an arbor, and a lush bamboo garden that enhance its natural appeal. Conveniently located just south of Bille Rd, only minutes from shopping, markets, Paradise Ridge Elementary, and all the essentials.
Additional perks include:
* Valuable building credits from the previous 1,500 sq. ft. home lost in 2018
* Active Paradise Irrigation District (PID) account
* Spacious dimensions—approx. 198 ft. frontage/back & 155 ft. depth—offering ample room for your vision
Join this vibrant, growing community that’s expanding and improving every day! Plus, enjoy the close proximity to Lake Oroville and a quick 15-minute drive to Chico. Don’t miss this incredible opportunity—schedule a visit today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017