5523 Feather River 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 |
|---|---|---|---|
| Aug 20, 2025 | Sold | ||
| Sold | |||
| Aug 2, 2025 | In contract | - | |
| In contract | |||
| Jun 9, 2025 | Listed by Re/Max Home and Investment | $49,000 | |
| Listed by Re/Max Home and Investment | |||
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LOCATION. LOCATION. LOCATION! Check out this AMAZING property with the circle driveway intact, PID ACTIVE (water), Electricity at the street level, and PASSING SEPTIC! Septic does need a repair for the outlet tee, and seller has a quote for $535 for that repair. Seller just recently cleaned the property and it is already partially fenced thanks to the established next-door neighbor! Wander down Feather River, gaze at the incredible views, and check out this property today!
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| Jul 2, 2020 | No longer available | - | |
| No longer available | |||
| Aug 17, 2019 | Listed | $74,500 | |
| Listed | |||
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FANTASTIC LOCATION FOR THIS .61 LEVEL ACRE LOT. THIS LOT HAS NEWER CONCRETE STILL IN GREAT SHAPE. THE CIRCLE DRIVEWAY MEASURING 19' WIDE IS IN GREAT SHAPE. THE DRIVEWAY ALSO RUNS TOWARDS THE BACKYARD. THE SECOND DRIVEWAY USED TO LEAD TO THE SHOP. THIS CONCRETE MEASURES 60' LONG AND 25' AT IT'S WIDEST POINT. ALL CONCRETE WAS POURED ABOUT 2 YEARS AGO. THIS PROPERTY SITS IN LOWER PARADISE AND CLOSE TO LIME SADDLE MARINA. AT THE ENTRY OF THE CIRCLE DRIVE ARE STONE LIGHT PILLARS AND ALSO LOOK TO BE IN GOOD SHAPE. THE HOME THAT WAS HERE WAS 2,200 SQUARE FEET AND WAS A 3 BEDROOM 2 BATH HOME. THIS ELEVATION IN PARADISE ALSO OFFERS GREAT WEATHER FOR ALL TYPES OF GARDENING.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017