3607 Paper Mill Road
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 |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Aug 7, 2025 | Listed by Coldwell Banker Realty | $1,298,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 4, 2020 | Sold | ||
| Sold | |||
| Aug 29, 2020 | Listed by Bailey Properties | $1,099,000 | |
| Listed by Bailey Properties | |||
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Gorgeous home in a desirable family friendly neighborhood in Sunny Soquel! Centrally located for an easy commute to Silicon Valley, this special home is walking distance to Soquel Village, Soquel High School, Anna Jean Cummings park, Soquel Creek, trails, beaches and restaurants in a safe cul-de-sac where kids can play freely. This special home will meet all of your expectations as you walk thru the welcoming front porch and open the door to the spacious living room with a lovely wood burning fireplace, wood flooring, high ceilings, upgraded top of the line Andersen windows, modern light fixtures and French doors leading to the large wrap around side and backyards. One bedroom is conveniently located on the 1st floor with a remodeled full bath for guests or in-laws. Master suite is upstairs with 2 additional bedrooms with barn doors leading to a Jack & Jill bathroom. Enjoy the beautiful fresh front lawn and delicious avocados from your very own avocado tree! Life is Good in Soquel!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017