26
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5515 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, 2026 | Price Decreased |
$394,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Integra Real Estate Investments | $399,900 | |
| Listed by Integra Real Estate Investments | |||
| Sep 14, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Compass RE Texas, LLC | $390,000 | |
| Listed by Compass RE Texas, LLC | |||
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Striking contemporary home located in a beautiful gated community and enjoys an interior location within the community. This home has been beautifully maintained by the original owner. The first floor features a completely open floor plan with the kitchen, living and dining all open to each other, and private bath with barn door off living room. Kitchen has beautiful stone counters, plenty of storage with an abundance of drawers and cabinets, Bosch appliances including dishwasher, gas stove/range, and microwave. The primary suite is large with a beautiful bath with soaking tub, glassed shower, and a huge closet equipped with excellent built in storage. There are many smart features in the house including door locks, doorbell, thermostats, CO2 smoke detectors, and lighting. Convenient location 20 minutes to The Galleria, Downtown, and IAH. Community amenities include gated entry, private lake with waterfall, pier, and gazebo, dog run, add'l guest parking
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017