6270 Azalea Lane
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 |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Nov 14, 2025 | Listed by Re/Max Home and Investment | $39,900 | |
| Listed by Re/Max Home and Investment | |||
| Sep 5, 2025 | Price Decreased |
$39,900
↓ $10K
(20%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed | $49,900 | |
| Listed | |||
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Nestled in the heart of Paradise, CA, this one-acre vacant lot offers an extraordinary opportunity to create the home, retreat, or investment property you've been dreaming of. This lot previously had a 2 bedroom/1 bath home that was 990 sq ft. Located on a private road on a flag lot, you can have the convenience of accessing from Azalea Lane or Harvey Road. Harvey Road is wider and nicely paved. This prime piece of land boasts both privacy and easy accessibility to many amenities close by—an ideal combination. Electricity, water, and natural gas are all available right at the street. Additionally, two fire hydrants—one at the corner of the property and another just a short distance away on Harvey Rd—provide an extra layer of security and peace of mind. The land itself is rich with potential, offering fertile Aiken soil that runs deep, perfect for landscaping or gardening. Septic testing was completed finding that the tank was sound, but the leech lines were blocked. So whether you envision a cozy countryside retreat, or a sustainable homestead, this lot provides the canvas to bring your vision to life in one of California’s most resilient communities! Seize the opportunity to make Paradise your home—where beauty, privacy, and potential meet!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017