6651 Evergreen Lane
About This Property
Paradise is a growing town with a warm small-town atmosphere, friendly neighbors, and a strong sense of community. Enjoy nearby recreation with Lake Oroville, Bille Park, and scenic hiking trails just minutes away. The property is conveniently located close to shopping, schools, and town services, making it ideal for both full-time living or a peaceful getaway spot. Whether you're looking to build now or invest in the future of Paradise, this lot presents outstanding value and opportunity. Don't miss your chance to own a piece of this beautiful foothill town!
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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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jul 11, 2025 | In contract | - | |
| In contract | |||
| Jul 7, 2025 | Listed by Paradise Homes & Land | $32,500 | |
| Listed by Paradise Homes & Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017