8030 Skyway
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 28, 2026 | Listed by Re/Max Home and Investment | $72,000 | |
| Listed by Re/Max Home and Investment | |||
| Sep 26, 2025 | Listed | $72,000 | |
| Listed | |||
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Fantastic 1.14-acre lot with tons of possibilities for investment!!! Survey Complete. Water Active & Backflow Device installed. 163 feet of Prime Skyway Frontage. Zoned CC Community Commercial. Looking for a multi-family investment the CC allows with a Town of Paradise approval and issuance of site plan review. How about building your primary residence and build your business on the same lot? So many options for a new owner under this zoning. To name a few that are permitted; Business offices & services, Consumer Repair, Financial Services, Food Sales, Liquor Sales, Manufacturing (custom), Medical Offices, Pet Services and/or Pet Shop, Professional Offices, Restaurant, Retail Services and Warehouse. There are at least 20 more possibilities with Town of Paradise Approval. Invest in Paradise as this town keeps growing faster than any towns in California. Previously the lot had two single family residences. Septic system was replaced 2010 with a 1500-gallon tank, condition unknown.
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| Feb 17, 2022 | No longer available | - | |
| No longer available | |||
| Dec 4, 2021 | In contract | - | |
| In contract | |||
| Oct 6, 2021 | Listed by Keller Williams Realty Chico Area | $79,000 | |
| Listed by Keller Williams Realty Chico Area | |||
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FANTASTIC OPPORTUNITY! Centrally located below Wagstaff in the heart of Paradise this large 1.14 acre parcel is zoned CC for COMMUNITY COMMERCIAL!! This zoning provides a full range of locally and regionally oriented commercial land uses, including retail, retail centers, wholesale, storage, hotels and motels, restaurants, service stations, automobile sales and service, professional and administrative offices, etc. Dependent upon the presence and application of constraints, maximum potential residential densities shall not exceed 10 dwelling unites per acre. You might be able to live and work on the same property! Buyer to verify all uses to their satisfaction. Previously had two separate residential income dwellings prior to the Campfire with 2 separate meters. Septic is not viable but has plenty of space for new system. Parcel has already been surveyed with certification!! PID Water and PG&E is available and located at the street. Opportunity is knocking!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017