5689 Brookview Way
About This Property
Discover the perfect canvas for your dream home on this beautiful .89-acre lot in Paradise, CA. Previously home to a 3-bedroom, 2-bath, 2,180 sq. ft. residence, this property is ready for your vision to take shape. Enjoy the convenience of an existing circle driveway and take in breathtaking canyon and valley views that stretch beyond.
Imagine listening to the year-round creek from the deck of your future home, where nature's serenity surrounds you. Whether you're looking to rebuild or start fresh, this prime location offers the ideal blend of peaceful seclusion and accessibility. This property also has an active Paradise Irrigation Department water connection. Between the water connection and existing building credits this could save you many THOUSANDS of dollar on your new construction project! Don't miss this incredible opportunity to be part of Paradise's renewal-schedule your visit today!
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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 6, 2026 | Listed by American Homes and Land | $26,500 | |
| Listed by American Homes and Land | |||
| Feb 25, 2025 | Listed | $30,900 | |
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Prime .89-Acre Lot with Stunning Views in Paradise, CA
Discover the perfect canvas for your dream home on this beautiful .89-acre lot in Paradise, CA. Previously home to a 3-bedroom, 2-bath, 2,180 sq. ft. residence, this property is ready for your vision to take shape. Enjoy the convenience of an existing circle driveway and take in breathtaking canyon and valley views that stretch beyond.
Imagine listening to the year-round creek from the deck of your future home, where nature’s serenity surrounds you. Whether you're looking to rebuild or start fresh, this prime location offers the ideal blend of peaceful seclusion and accessibility. This property also has an active Paradise Irrigation Department water connection. Between the water connection and existing building credits this could save you many THOUSANDS of dollar on your new construction project! Don’t miss this incredible opportunity to be part of Paradise’s renewal—schedule your visit today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017