14047 Drexel Drive
About This Property
Welcome to this inviting 3-bedroom, 2-bathroom home, nestled on a lush and usable .26-acre greenbelt lot in the scenic community of Magalia. Built in 2004 and offering 1,518 square feet of thoughtfully designed living space, this home blends comfort, convenience, and a touch of nature.
Step inside through the formal entryway into a spacious living room with a cozy fireplace and direct access to the expansive synthetic rear deck, perfect for indoor-outdoor entertaining or enjoying your peaceful, tree-studded backyard. The tile kitchen features warm oak cabinetry, a propane gas range, a walk-in pantry, and an adjacent dining area-ideal for casual meals or dinner with friends.
The primary suite is a true retreat, boasting a walk-in closet and an en-suite bath complete with a separate soaking tub and walk-in shower. Two additional bedrooms and a full guest bath provide ample space for family, guests, or a home office. The individual laundry room and oversized garage with built-in cabinetry add excellent storage and functionality.
Outside, enjoy the tranquility of mature trees and greenbelt privacy, plus under-house storage for your tools and toys. The location is incredibly convenient-just minutes to the local grocery store, restaurant, and gas station, and with easy access to Skyway, you're well-positioned for commuting to Chico or Oroville.
Located within the Paradise Pines Property Owners Association, residents enjoy low annual dues and access to wonderful amenities including a pool, clubhouse, tennis courts, hiking trails, and more.
Whether you're looking for your forever home or a peaceful mountain retreat, this property offers an ideal blend of privacy, practicality, and recreation. Don't miss out-homes like this don't last long!
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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 |
|---|---|---|---|
| Aug 23, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by American Homes and Land | $265,000 | |
| Listed by American Homes and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017