5507 Paraiso Place
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 25, 2020 | Sold | ||
| Sold | |||
| Aug 19, 2020 | Listed by In The Loop Properties | $308,000 | |
| Listed by In The Loop Properties | |||
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This beautiful and modern free-standing house is just a few years old! With 2 stories, first-level living, kitchen and dining, bonus room upstairs, and privacy-fenced, decked & landscaped back yard, this home offers all of the conveniences one could want. Stainless appliances, gas cooktop, lots of windows and light, a half-bathroom, a 2-car garage and private driveway, wood-look ceramic flooring, and lots of windows & natural light are just some of the features here. Designer touches fill the home from the European-style cabinetry, soft-close drawers, tile backsplash, free-standing soaking tub, walk-in shower & closets, upgraded lighting fixtures and more! The deck is a faux-wood composite & low-maintenance. This area by Oak Forest & Candlelight Plaza is booming! This particular neighborhood is gated & offers a gorgeous green space with a walking trail surrounding a lake with a fountain, viewing platform & structural art. There's even a little dog park. Great access to 290, 45 & 610.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017