5658 Cathy
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 |
|---|---|---|---|
| Oct 7, 2026 | Listed by eXp Realty of California, Inc. | $27,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Oct 11, 2025 | Price Decreased |
$28,500
↓ $7K
(18.6%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Increased |
$35,000
↑ $5K
(17.1%) | |
| Price Increased | |||
| Apr 30, 2025 | Price Decreased |
$29,900
↓ $2K
(6.6%) | |
| Price Decreased | |||
| Feb 12, 2025 | Listed | $32,000 | |
| Listed | |||
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***SELLER FINANCING AVAILABLE!***
5658 Cathy Lane has recently been cleared so this .46-acre lot is ready for your home!
Located at the end of a quiet cul-de-sac just off Pearson Road, this gently sloped parcel offers scenic valley views and a peaceful, elevated setting. Enjoy both privacy and convenience—less than a mile from shopping and dining, approximately 2 miles to Paradise High School, and under 5 minutes to the site of the new Paradise Elementary (estimated completion 2026). Close proximity to Fire Station 81 may help lower insurance rates.
Features include:
• End-of-cul-de-sac location
• Scenic valley views
• Cleared and build-ready
• Minutes to shopping and restaurants
• Nearby schools and community amenities
Enjoy the best of Paradise living with a mild climate, outdoor recreation, and beloved annual events such as Gold Nugget Days, Chocolate Festival, Goat Festival, and Thursday Night Party in the Park.
Don’t miss this opportunity to be part of Paradise Rising—call today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017