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About This Property
Welcome to your opportunity to live the peaceful rural lifestyle you've been dreaming of! Nestled among mature pines and oaks, this beautiful 4.8-acre property offers the perfect blend of natural beauty and practical usability. Located in the highly desirable community of Forest Ranch, you'll enjoy fresh mountain air, serene surroundings, and the convenience of being just minutes from Chico.
The land is mostly level, making it ideal for building your dream home, establishing a garden, or simply enjoying wide open space. A shared well agreement with the neighboring property is already in place, adding extra ease for future development.
Whether you're looking to escape the city hustle, create a private retreat, or invest in your own slice of Northern California paradise, this property is a rare find. Come experience the beauty and tranquility of Forest Ranch - your future starts here!
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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 |
|---|---|---|---|
| May 21, 2025 | Sold | ||
| Sold | |||
| Apr 26, 2025 | Listed by American Homes and Land | $64,900 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017