1616 Paraiso Avenue Avenue
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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 30, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 10, 2025 | Listed by eXp Realty of Southern CA | $799,900 | |
| Listed by eXp Realty of Southern CA | |||
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Nestled at the end of a peaceful cul-de-sac in the heart of Spring Valley, this beautifully updated home offers *breathtaking panoramic views of the city* that will leave you in awe—day or night. Whether you’re enjoying your morning coffee on the patio or entertaining guests under the stars, the sweeping vistas are always the perfect backdrop. Inside, you'll find a spacious and light-filled layout featuring **sleek granite countertops**, **stainless steel appliances**, and modern finishes throughout the kitchen—perfect for both everyday living and hosting. The open-concept design flows effortlessly from room to room, maximizing natural light and showcasing those incredible views from multiple vantage points. Tucked away in a great neighborhood, 1616 Paraiso Ave offers the perfect blend of privacy, style, and convenience. Don’t miss your chance to own this stunning home with million-dollar views! Solar for additional savings as well!!
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| Jun 5, 2025 | Price Decreased |
$850,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| May 22, 2025 | Price Decreased |
$899,990
↓ $50K
(5.3%) | |
| Price Decreased | |||
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About La Presa
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$2,495 /mo
- 2 Beds
- 2 Baths
- 950 ft²
$4,700 /mo
- 4 Beds
- 2 Baths
- 1,872 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017