5726 Newland
About This Property
Opportunity awaits with this 2-bedroom, 1-bath home offering 772 square feet of living space on a generous .47-acre parcel, centrally located in the growing community of Paradise. Whether you're an investor, flipper, or buyer looking to create your own vision, this property presents a fantastic chance to build equity and bring new life to a home with solid improvements already in place.
Some of the heavy lifting has been started, including updated insulation (2016), a newer roof (2016), dual-pane windows (2019), and a recent electrical rewire with modern components and wire-providing a strong foundation for your renovation plans. With nearly half an acre of usable land, there's plenty of room for expansion, outdoor living, or additional improvements.
This property is an excellent candidate for a flip project, rental investment, or a cozy primary residence for those seeking a smaller home with space to spread out.
Located near the center of town, you'll enjoy convenient access to local amenities while being just minutes from the outdoor recreation that makes Paradise so desirable. From Lake Oroville boating and kayaking to nearby rivers, hiking trails, and mountain biking, this foothill community offers an active, outdoor lifestyle with small-town charm. Paradise continues to grow and rebuild, making now an exciting time to invest in the area.
Don't miss your chance to unlock the potential this property has to offer!
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Cap Rate Calculator
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 3, 2026 | Sold | ||
| Sold | |||
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$160,000
↓ $10K
(5.9%) | |
| Price Decreased | |||
| Jun 29, 2026 | Relisted | $170,000 | |
| Relisted | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017