$7,000
●
Land -
Off Market
13915 Andover Drive
Magalia, CA 95954
Studio
0 Bath
$67
Est. Monthly
$23
HOA / Fees
About This Property
Excellent Location! This Property Borders Magalia Community Park!
Level lot right on the corner and your back yard literally opens to
the park and all it has to offer! Easy access to walking trails,
community center, disc golf and more. You are also walking distance
to shopping, the post office and local eatery's. There is a
four-way stop on the corner so you have slow traffic right at your
property. Also a water hydrant on the corner of your property. This
area is actively undergrounding utilities by PGE. Property is
located in Paradise Pines Owners association which includes access
to the swimming pool, club house and grounds, bocce and tennis
courts, pickleball and much more! Unknown condition of septic
system, selling "As Is". This is a great opportunity at a great
value!
Unit Size
-
Days on Market
234 days
Land Size
0.23 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
$23
Year Built
1980
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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: 2 years ago (CRMLS #SN25025704)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 26, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Price Decreased |
$8,760
↓ $6K
(41.2%) | |
| Price Decreased | |||
| Feb 4, 2025 | Listed by Century 21 Select Paradise | $14,900 | |
| Listed by Century 21 Select Paradise | |||
Property Highlights
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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 Magalia
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Listed by: Doriane Regalia, Century 21 Select Paradise
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SN25025704
Last Updated: 2 years ago
Data Source: CRMLS, MLS# SN25025704
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