20615 PREGO PLACE
About This Property
Within Wellen Park, you'll find delicious restaurants that cater to a variety of tastes, delightful shops for all your shopping needs, and an enchanting lake that adds to the community's charm. One of the highlights of Gran Paradiso is its largest resort style pool in the area, where you can relax and cool off on hot summer days. The community also boasts an amazing fitness room, tennis and pickleball courts for those who enjoy an active lifestyle, and a playground for your grandchildren to enjoy.
The community itself has a Tuscan feel, with miles of sidewalks perfect for walking or biking. You can explore the neighborhood and take in the beautiful surroundings without ever leaving the comfort of your community. This serene villa is away from the busy traffic, offering a peaceful and tranquil atmosphere. Your corner lot has a peekaboo view of the water, adding to the beauty of your surroundings.
The floor plan of the home in Gran Paradiso includes two bedrooms, two bathrooms, and a den. This layout provides ample space for comfortable living and the flexibility to use the den as a home office, guest room, or hobby space.
Gran Paradiso is also conveniently located near upcoming amenities. A new hospital, and a new Costco is set to open soon, giving you easy access to bulk shopping and great deals. Additionally, the enchanting downtown area and a new Publix supermarket are within reach. If you're looking for a beach getaway, Minnesota Beach is just a mere 9 miles away, allowing you to enjoy the sun, sand, and sea whenever you desire.
From its grand entrance to its amazing amenities, Gran Paradiso offers everything you could possibly need or want on a daily basis. It's a community that goes above and beyond to provide a luxurious and fulfilling lifestyle. So, imagine living in Gran Paradiso, where your dreams become a reality and life exceeds your expectations.
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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 5, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Mar 24, 2025 | Price Decreased |
$320,000
↓ $16K
(4.6%) | |
| Price Decreased | |||
| Mar 4, 2025 | Price Decreased |
$335,500
↓ $14K
(4.1%) | |
| Price Decreased | |||
| Jan 12, 2025 | Price Decreased |
$349,900
↓ $20K
(5.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017