14450 Meridian Road
About This Property
This property comes with multiple opportunities for an owner; you have rental income from one home, the pecan crop income and a beautiful place to live. It is very well maintained and in good condition. If you have an entrepreneurial spirit, you could develop your own market for the pecans, the current owner has been selling a small portion of the crop at farmer's market, but there is also the potential to do direct sales online.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 11, 2026 | Listed by Bill Chance Realty | $1,250,000 | |
| Listed by Bill Chance Realty | |||
| Oct 8, 2024 | Relisted | $975,000 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 29, 2024 | Listed | $975,000 | |
| Listed | |||
| | |||
|
37+ acres of pecans planted in the spring of 2013, approximately 5 acres of irrigated pasture and approximately 17 acres of winter grazing land. Improvements include a 2013 2-bedroom 2 bath mobile home on a permanent foundation; a shop/equipment storage building that is 42’ x 100’ and a solar array that is 22,440 watts. The mobile home is rented on a month-to-month basis and generates $16,100 per year in rental income. Please see supplements for additional details.
This property comes with multiple opportunities for an owner. Butte County zoning allows for accessary dwelling units. This allows for someone to build a new residence and keep the mobile home; you have the future income from the pecan crop and a beautiful place to live. It is very well maintained and in good condition. If you have an entrepreneurial spirit, you could develop your own market for the pecans, the current owner has been selling a small portion of the crop at farmer’s market, but there is also the potential to do direct sales online.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017