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7620 Paces Lane
About This Property
Step inside to soaring two-story ceilings in the living room that fill the home with natural light, complemented by beautiful hardwood flooring throughout the main level. A separate dining room provides the perfect setting for gatherings, while the open-concept kitchen features granite countertops, a stone backsplash, and warm wood cabinetry.
The oversized primary suite is conveniently located on the main level and offers tray ceilings, dual vanities, a soaking tub, and a separate shower, creating a private retreat. Upstairs, you'll find three secondary bedrooms, providing plenty of space for family, guests, or a home office.
The fully finished basement offers exceptional flexibility with a bedroom, full bath, kitchenette, second laundry room, and an additional flex room ideal for a home office, gym, playroom, or media space.
Enjoy year-round outdoor living from the covered deck overlooking the backyard or unwind on the covered patio below. Combining functional living spaces with beautiful finishes and incredible versatility, this home is one you won't want to miss!
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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 18, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Aug 11, 2026 | Price Decreased |
$525,000
↓ $25K
(4.6%) | |
| Price Decreased | |||
| Jul 13, 2026 | Listed by Century 21 Results | $550,000 | |
| Listed by Century 21 Results | |||
| Jun 1, 2026 | Listed by Century 21 Results | $550,000 | |
| Listed by Century 21 Results | |||
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Welcome to 7620 Paces Lane in Gainesville, where this beautifully designed 5-bedroom, 3.5-bath home offers spacious living and a fully finished basement perfectly suited for multi-generational living, guests, or additional entertaining space. Thoughtfully designed with flexible living areas and timeless finishes, this home is ready to fit a variety of lifestyles. Step inside to soaring two-story ceilings in the living room that fill the home with natural light, complemented by beautiful hardwood flooring throughout the main level. A separate dining room provides the perfect setting for gatherings, while the open-concept kitchen features granite countertops, a stone backsplash, and warm wood cabinetry. The oversized primary suite is conveniently located on the main level and offers tray ceilings, dual vanities, a soaking tub, and a separate shower, creating a private retreat. Upstairs, you'll find three secondary bedrooms, providing plenty of space for family, guests, or a home office. The fully finished basement offers exceptional flexibility with a bedroom, full bath, kitchenette, second laundry room, and an additional flex room ideal for a home office, gym, playroom, or media space. Enjoy year-round outdoor living from the covered deck overlooking the backyard or unwind on the covered patio below. Combining functional living spaces with beautiful finishes and incredible versatility, this home is one you won't want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017