6035 Maxwell
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 |
|---|---|---|---|
| Jul 6, 2026 | Sold | ||
| Sold | |||
| May 8, 2026 | Listed by Re/Max Home and Investment | $29,000 | |
| Listed by Re/Max Home and Investment | |||
| Sep 13, 2025 | Price Decreased |
$24,900
↓ $5K
(16.7%) | |
| Price Decreased | |||
| Aug 25, 2025 | Listed | $29,900 | |
| Listed | |||
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Opportunity Knocks! This oversized, centrally located lot in the heart of Paradise offers incredible potential for savvy investors or developers. Zoned multi-family and previously approved by the Town of Paradise for up to 5 bedrooms, this property presents various configuration possibilities—think duplexes, single-family units, or even multiple 1-bedroom rentals. Let your vision (and the zoning) guide you!
Bonus: This lot sold in 2024 for $72,000, and is now listed for more than 50% off—a rare chance to grab a deal with built-in value. Property has original record survey from 1977 , water account is active, and while the septic tank has failed, the condition of the leach field is unknown.
Interested buyers are strongly encouraged to verify all current use possibilities and development guidelines directly with the Town of Paradise, as regulations and allowances may have changed.
Don’t miss your chance to be part of Paradise’s rebuilding vision!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017