8741 Nugget Lane
About This Property
The property's approximate coordinates are 39.786382, -121.597884 and are provided for reference and location purposes. Whether you're looking to purchase and hold land as a long-term investment, potentially benefit from future appreciation, or explore the possibility of building a home now or in the future, this property offers flexibility for a variety of plans.
For buyers seeking a smaller residential parcel in an established area, this lot presents an opportunity to secure land in Paradise while maintaining the potential for future use. Explore the possibilities and determine how this property may fit your investment or residential goals.
Disclaimer: Images are for reference only. Buyers are advised to independently verify lot location, boundaries, utilities, zoning, addressing, access, buildability, and all intended uses to satisfy themselves.
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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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Real Brokerage Technologies | $25,000 | |
| Listed by Real Brokerage Technologies | |||
| Nov 9, 2024 | Listed | $17,000 | |
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Discover a prime vacant lot in Paradise, offering a spacious .22-acre lot. Previously occupied by a 1,154-square-foot home, this property provides a blank canvas for your dream residence. Take advantage of the tranquility and privacy that this location offers, while still enjoying convenient access to nearby amenities and services. Don't miss this rare opportunity to create a custom living space tailored to your preferences in a peaceful location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017