$425,000
●
House -
Off Market
1287 Glenshire Lane
Chico, CA 95973
3 Beds
2 Baths
1,357 Ft²
$545,568
RealtyHop Estimate
51.97%
Since Feb 1, 2019
National-US
Primary Model
About This Property
Spectacular opportunity to own a comfortable newer home with owned
solar, with neatly manicured landscape, and located in a great
neighborhood. This home is gorgeous inside and out featuring
quality up-to-date details such as vaulted ceilings; 3 years new
laminate wood floors in the living room, bedrooms, and hallway; and
tile flooring in the kitchen and dining areas. Bedrooms have
built-in shelving in the closets. Master bedroom has an exterior
door to the backyard, and a full bath with roomy tub and shower.
The kitchen has Corian counters with bar eating area, gas oven, and
dishwasher. Plenty of closet space and cabinet storage throughout
the home. The backyard has a covered patio off the kitchen, grass,
shed, concrete walkways and a gravel area perfect for a boat or
storage trailer. Save on electricity with owned solar panels
(Owners paid $180 the whole year for electricity). New air
condenser installed this year is 17 SEER. A 8 feet wide vehicle
gate gives access to the backyard from the neighboring private
driveway. Owners could sell the home with all the furniture with an
acceptable offer.
Unit Size
1,357 Ft²
Days on Market
30 days
Land Size
0.14 acres
Price per sqft
$265
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2008
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (CRMLS #SN18285308)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 3, 2019 | Sold | ||
| Sold | |||
| Dec 4, 2018 | Listed by Century 21 Select Real Estate, Inc. | $359,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Property Highlights
Air Conditioning
Fireplace
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Chico
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Listed by: Dustin Cheatham, Century 21 Select Real Estate, Inc.
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SN18285308
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SN18285308
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