4938 Paradigm Lane
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 20, 2025 | Listed by Keller Williams Realty Metropolitan | $185,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/17/2025
| |
2 Bed
|
2 Bath
|
1236 ft²
|
$190,000
2 Bed
2 Bath
1236 ft²
|
-
-
|
Marta Peralta
Keller Williams Realty Metropolitan
|
|
11/19/2024
| |
2 Bed
|
3 Bath
|
1210 ft²
|
$219,900
2 Bed
3 Bath
1210 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
|
|
05/17/2024
| |
2 Bed
|
3 Bath
|
1210 ft²
|
$235,000
2 Bed
3 Bath
1210 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
|
|
06/23/2023
| |
2 Bed
|
3 Bath
|
1210 ft²
|
$229,900
2 Bed
3 Bath
1210 ft²
|
-
-
|
Patrick Burbridge
CitiQuest Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017