880 PARADISE Lane
About This Property
Move in ready! New pavers, driveway and front porch. New premium LVP flooring, first floor. New stainless steel kitchen appliances, cabinets and quartz countertops. Newer in 2020: 2 HVACs, roof, painting inside and out. Spacious first floor owner suite with bath including Jacuzzi tub and shower. First floor laundry room and powder room. 3 bedrooms, lots of closet space and 2 full bathroos upstairs.
Very private, breezy, screened back porch for your morning coffee, butterflies and birds. Dutton Island is a City of Atlantic Beach park on the Intracoastal waterway with hiking, fishing, and kayaking opportunities. This immaculately maintained home is in Flood Zone X - no flood insurance required.
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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 |
|---|---|---|---|
| Nov 4, 2025 | Sold | ||
| Sold | |||
| Sep 25, 2025 | In contract | - | |
| In contract | |||
| Aug 8, 2025 | Price Decreased |
$925,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Jul 10, 2025 | Price Decreased |
$955,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jun 19, 2025 | Price Decreased |
$975,000
↓ $10K
(1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017