235 Pacific Drive
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 |
|---|---|---|---|
| Feb 25, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed by Parkway Real Estate Co. | $22,000 | |
| Listed by Parkway Real Estate Co. | |||
| Jun 29, 2025 | Listed | $30,000 | |
| Listed | |||
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Great building opportunity in Lower Paradise with active PID account! This location is easily accessible and only a short drive to downtown and also Chico. The property is .43 acres and sits on a gentle side slope. The previous home was 1,176 sqft and had 2 bedrooms, 1.5 bathrooms. The condition of the septic system is unknown. Many homes have already been rebuilt in this neighborhood.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017