1425 Oleander Avenue
About This Property
This home offers a historic front porch, opening the door to the living and dining room with heritage treatments of built in bookshelves, built in buffet and a something I've never seen before but built in storage drawers in the pillars dividing the two rooms. Once you walk into the kitchen though you'll be blown away by the view through the kitchen, nook and family room to the shady and peaceful backyard!!
On the main level you'll find 2 bedrooms and 2 bathrooms, walk down the staircase to the basement and you'll find 2 more rooms ( 1 is classified as the 3rd bedroom) that are perfect for office, playroom, craft or music rooms!! The walls have so much more storage in them, you'll love this space.
The backyard is the oasis though, with shade trees, RV Access, a "true" 2 car garage and gazebo this is where you'll want to spend the mornings, afternoons and evening enjoying the peace right in the middle of Chico. With Oleander just being re-paved and a designated "bike path" it's an easy ride to downtown, Bidwell Park, some of Chico's best restaurants and schools you'll appreciate all this property offers for you and the rest of your crew!
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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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Platinum Partners Real Estate | $639,000 | |
| Listed by Platinum Partners Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017