1227 Bille
About This Property
Imagine waking up to the fresh mountain air, towering pines, and the peaceful surroundings that have made Paradise one of Northern California's most desirable communities. Whether you're ready to build your forever home, a weekend retreat, or an investment property, this lot provides an incredible opportunity.
Outdoor enthusiasts will love having endless recreation right outside their doorstep. Spend your weekends fishing the area's beautiful lakes, hiking scenic trails, camping, boating, or simply enjoying the slower pace and charm of small-town living. Paradise offers a welcoming community where neighbors still know each other and nature is always close by.
Need to commute or enjoy city conveniences? Chico is just a quick 10–15 minute drive, offering California State University, Chico, excellent dining, shopping, entertainment, and employment opportunities. Oroville is only 20–30 minutes away, providing even more shopping, services, and access to Lake Oroville's world-class recreation.
This is your chance to enjoy the best of both worlds-peaceful mountain living with convenient access to everything you need. Come discover why so many people are proud to call Paradise home!
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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 |
|---|---|---|---|
| Jul 14, 2026 | Listed by Paradise Homes & Land | $15,900 | |
| Listed by Paradise Homes & Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017