1871 June Way
About This Property
There's something to be said for buying a brand-new home that already feels complete. The lawn is in, the landscaping is finished, and the outdoor spaces are ready for everything from weekend barbecues to slow mornings enjoying the fresh air. No spending your first summer hauling dirt, planting grass, or watching your landscaping budget grow. Just move in, unpack, and start enjoying the home you've worked so hard for.
Inside, an open concept floor plan creates an easy flow between the kitchen, dining, and living areas. Whether you're hosting friends for dinner, catching up at the end of a long day, or simply enjoying a quiet morning at home, the layout makes everyday living feel effortless. The split bedroom design provides a little extra separation, with the primary suite tucked away from the two additional bedrooms.
And then there's the setting. Nestled along a peaceful street in Paradise, this is the kind of place that brings to mind evening walks, sidewalk chalk, bikes in the driveway, and neighbors waving as they pass by. Beautiful Ridge sunrises and sunsets are part of the everyday scenery, while nearby Children's Community Charter School and Paradise Ridge Elementary School add to the convenience of this location.
Built by American Dream Construction, a local builder who takes pride in their work, this home features upgraded wildfire-resistant construction that exceeds applicable building standards, along with owned solar for added long-term value. The beautifully finished front and backyards are the icing on the cake, offering curb appeal and usable outdoor space without the time, expense, or uncertainty of starting from scratch.
1871 June Way isn't just another new build in Paradise. It's a home where the big projects are already behind you, the little moments can take center stage, and you can start making it your own from the very first day. **Note: solar & wrought iron fencing will be completed prior to closing escrow**
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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 12, 2026 | Listed by Connect Real Estate Group | $445,000 | |
| Listed by Connect Real Estate Group | |||
| Apr 1, 2026 | Sold | ||
| Sold | |||
| Mar 15, 2026 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$39,500
↓ $3K
(7.1%) | |
| Price Decreased | |||
| Apr 30, 2025 | Price Decreased |
$42,500
↓ $3K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017