5220 Falcons View Court
About This Property
Located in a peaceful residential area, the property provides a sense of seclusion while remaining conveniently close to main thoroughfares, shopping, dining, and essential services. With residential zoning in place, the possibilities are abundant-whether rebuilding, designing a spacious primary residence, or creating a small-scale homestead.
Paradise is known for its outdoor lifestyle, with nearby access to lakes, rivers, hiking and biking trails, camping, fishing, and more. The area continues to experience strong growth and revitalization, making this a compelling opportunity for those seeking both lifestyle and long-term potential.
Don't miss this chance to secure a well-positioned homesite in a thriving and highly sought-after foothill community.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 12, 2026 | Sold | ||
| Sold | |||
| Sep 23, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by American Homes and Land | $69,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017