2111 Paradise View Way
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by Wallace | $875,000 | |
| Listed by Wallace | |||
| Oct 7, 2022 | No longer available | - | |
| No longer available | |||
| Sep 26, 2022 | Listed by Southern Living Realty Partners | $109,999 | |
| Listed by Southern Living Realty Partners | |||
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MOTIVATED SELLER. This 0.25-acre residential lot could be the spot for you. Out of state investor. Seller does not have a survey. Had a cabin on it that was destroyed by the forest fire in 2016. Utilities available. Buyer will be responsible to confirm utilities and any restrictions. Great investment property. PLEASE BE SURE TO DO YOUR OWN HOMEWORK ON EACH LISTING AND MAKE SURE THE LAND SUITS YOUR NEEDS. LISTING AGENT IS TO BE HELD HARMLESS OF ANY DEFICIENCIES OR MISREPRESENTATIONS.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017