745 Spring 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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 31, 2025 | Listed by CAPITAL GROUP REALTY, INC. | $320,000 | |
| Listed by CAPITAL GROUP REALTY, INC. | |||
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | Listed by Keller Williams Realty Chico Area | $34,500 | |
| Listed by Keller Williams Realty Chico Area | |||
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Welcome to this prime .56-acre vacant lot in lower Paradise. This spacious parcel offers a unique opportunity to build your dream home in a peaceful, scenic setting. Previously home to a 1,661 sq ft residence with 3 bedrooms and 2 bathrooms, the lot is already equipped with water service, allowing you to save significantly on reconnection fees. This flat and easily accessible lot is perfect for creating a personalized oasis tailored to your lifestyle. Located close to Chico, this property provides convenient access to shopping, dining, and recreational opportunities. With ample space and endless potential, this lot is ideal for those looking to embrace a new chapter in a beautiful setting. Don’t miss out on the chance to create your paradise in Paradise!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017