1878 June Way
About This Property
If you've ever priced out landscaping a new home, you know just how quickly the costs (and weekends!) can add up. Here, the beautiful outdoor spaces are already waiting for you. Whether it's backyard barbecues, afternoons spent playing outside, or simply enjoying a quiet evening at home, you can skip the projects and get straight to making memories.
Tucked away on a quiet street in Paradise, this is the kind of neighborhood where you can picture sidewalk chalk in the street, bike rides, neighbors who know each other's names, and beautiful sunrises and sunsets. With Children's Community Charter School and Paradise Ridge Elementary School nearby, the location adds another layer of everyday convenience.
Inside, the open concept floor plan brings the kitchen, dining, and living areas together, creating a welcoming space for gathering and everyday life. The split bedroom layout offers a little extra privacy, with the primary suite separated from the additional bedrooms.
Outside, the fully finished front and backyards offer beautiful curb appeal and outdoor spaces you can enjoy from day one. The dedicated RV parking area, complete with its own separate driveway, provides extra room for your recreational vehicles, trailers, or toys. Built by American Dream Construction, a local builder who stands behind their work, this home also features owned solar and upgraded wildfire-resistant construction features that exceed applicable building standards.
At 1878 June Way, you're getting more than a beautiful new construction home in Paradise. You're getting the opportunity to settle in, slow down, and enjoy the life you've been looking forward to, without a long list of projects waiting for you. **Note - Solar and wrought iron front fence will be installed 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 |
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| Oct 12, 2026 | Listed by Connect Real Estate Group | $449,000 | |
| Listed by Connect Real Estate Group | |||
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 21, 2025 | Listed by Century 21 Select Paradise | $42,500 | |
| Listed by Century 21 Select Paradise | |||
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PRIME LOCATION IN A DESIRABLE NEIGHBORHOOD!! Electricity & water is available at the lot and utilities are already underground in this area! Many new homes have already been built in this quickly growing neighborhood and this lot has the added bonus of sitting on a quiet lane. With views of Sawmill Peak and the adjacent mountain range plus views of the West Branch of the Feather River Canyon throughout the neighborhood, this is the PERFECT place to build your new home! Offering ample room for your new home, RV parking space, room for a garden or whatever it is that makes your home special for you! Schools, shopping, post office and dining are just a few minutes away. There are 2 elementary schools within less than a mile and only 5 minutes away, you'll enjoy the convenience of the downtown amenities such as the Terry Ashe Recreation Center where all the town events take place as well as access to parks, walking trails and more. It is also only 15 miles to Hwy 99 in Chico for such an amazingly easy commute with all the benefits of living in a small-town community! Looking for recreation?? This lot is a short 8-mile drive south to Lime Saddle Marina at the north end of Lake Oroville for those who enjoy the large lake activities of boating, skiing, swimming & fishing. It is also only 6 miles north to the stunning Paradise Lake where you can kayak, canoe & fish while enjoying the serenity of "no motorboats" and maybe spot the bald eagles or other plentiful wildlife! There is also quick access to the West Branch of the Feather River for a summer swim and maybe some gold panning just a few miles up the road...plus so much more! With so many outdoor activities out your front door, such convenient access to all the towns shopping, dining & numerous parks as well as the small-town charm, you will fall in love with the community and this heavenly location for your new home!
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| Oct 16, 2019 | Sold | ||
| Sold | |||
| Aug 27, 2019 | Listed by REVIRON REALTY | $28,000 | |
| Listed by REVIRON REALTY | |||
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Lovely cul-de-sac location on over a third of an acre. The home previously had a 1750 square foot footprint. Desirable neighborhood off Merrill and Shay.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017