101 Powell Ridge Road
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 |
|---|---|---|---|
| Oct 24, 2025 | Sold | ||
| Sold | |||
| Sep 5, 2025 | In contract | - | |
| In contract | |||
| Aug 18, 2025 | Listed by Re/Max Home and Investment | $290,000 | |
| Listed by Re/Max Home and Investment | |||
| Apr 21, 2025 | Listed | $299,000 | |
| Listed | |||
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Looking for an amazing views? Privacy? Space? Well this could be the perfect affordable home for you. This 6.71 acre property in the Sierra Nevada Foothills of Oroville is ready for a new owner. The home was built on site in 2004 with 9ft. ceiling throughout. The 16ft. X 10ft. covered deck is a perfect place to relax and enjoy the views and nature! The front covered deck welcomes you into the home. The home offers an open floor plan living space. The kitchen offers granite tile counter tops, laminate flooring, refrigerator, dishwasher, stainless sink, nice cabinets with a couple glass cabinet doors and an attached island overlooking the living room. The 100 sq. ft spacious bathroom & laundry offers a tub/shower combination, 12X12 tiled floor, solid surface vanity and storage cabinets above the washer/dryer. The knotty pine baseboards and door trim are a great mountain feel accent in the home. The well house measures 10ft. X 12ft. with 4ft. overhangs for wood storage. There are two detached work spaces. The first measures 12ft. X 20ft. with concrete floor, steal frame & roof, electricity and sub panel for the second detached workspace. The second detached workspace measures 18ft. X 20ft with concrete floor, electricity, metal frame and roof. The current owner also had trees removed to enhance the view. The seller also had a area developed for an steel frame walk in tunnel greenhouse measuring 26ft X 100ft. There is now plenty of flat area for multiple uses. This property is ready for a new owner.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017