9350 Paramount Road #AB
About This Property
The manager has listed the unit size as 4782 square feet.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 1, 2020 | In contract | - | |
| In contract | |||
| Nov 9, 2019 | Listed | $675,000 | |
| Listed | |||
| | |||
|
This is one incredibly rare real estate gem! Two custom homes sharing a nearly 5 acre parcel of land that is fully fenced. The options to have extended family sharing two homes that are detached from one another or living in one home and using the other as an investment rental are endless. The main home is a spacious 3,136 +/- sq ft single story home that offers 4 bedrooms, 3 baths, and even 2 fireplaces with the extra being in the master bedroom. This home holds nothing back as its been thoughtfully laid out and wonderfully taken care of. This home alone offers the space necessary for everyone in the family. Out the back door and a small stroll across the yard you come to the second home which is a more modestly sized 1,646 sq ft +/- home that has 3 bedrooms and 2 baths. This home was built with the handicap in mind with offering level entryways and wheelchair sized doors throughout making it a comfortable and functional space. There is so much to share about the homes, but seeing is believing. Located a just off of paved Phelan Rd the homes are located on a picturesque parcel of land that offers beautiful views of the San Gabriel Mountains to the south and of the valley to the north. This fully fenced space offers so much opportunity to have horses, build a shop, or anything else you may have in mind. This property and these home are truly a one of a kind opportunity. Located in the Snow Line School District, commuter friendly, and zoned for horses. Come see! The manager has listed the unit size as 4782 square feet.
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| Oct 9, 2019 | No longer available | - | |
| No longer available | |||
| Sep 25, 2019 | Price Decreased |
$669,000
↓ $21K
(3%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/23/2019
|
7 Bed
|
5 Bath
|
4782 ft²
|
$699,000
7 Bed
5 Bath
4782 ft²
|
-
-
|
-
| |
|
11/07/2019
|
7 Bed
|
5 Bath
|
4782 ft²
|
$675,000
7 Bed
5 Bath
4782 ft²
|
$650,000
-3.70%
09/30/2020
|
KYLE ZIMBRO
Coldwell Banker Home Source
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017