$199,000
●
House -
Off Market
14508 Colter Way
Magalia, CA 95954
2 Beds
1 Bath
1,124 Ft²
$297,671
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
Cozy Mountain Retreat situated on .76 acres which you can walk down
to Middle Butte Creek. Home features tile front porch, ceiling fans
throughout, open kitchen with knotty alder cabinets, tile floors
and fresh interior paint. Step out from the dining room or master
bedroom to a full length deck to enjoy the cool mountain air. There
is a 25+ acre greenbelt directly behind the property so wild turkey
and deer meander through the property. Bonus room downstairs, not
done with permits. Please call to make an appointment to view this
home.
Unit Size
1,124 Ft²
Days on Market
64 days
Land Size
0.76 acres
Price per sqft
$177
Property Type
House
Property Taxes
-
HOA Dues
$22
Year Built
2009
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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: 5 months ago (CRMLS #SN19008296)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 26, 2023 | No longer available | - | |
| No longer available | |||
| May 24, 2023 | Listed by Waller Real Estate | $285,000 | |
| Listed by Waller Real Estate | |||
| | |||
|
Come home to the pines! Newer home situated on large .76 acre lot is ready for it's new owner. Backed by greenbelt below and a walking trail-peace and tranquility await. Home features two bedrooms, one bathroom and an additional bonus room below the home-not included in the square footage. Large kitchen with separate dining area featuring sliding glass doors which open to a covered deck spanning the length of the home. Call to schedule a time to view today! The manager has listed the unit size as 1124 square feet.
| |||
| May 21, 2023 | No longer available | - | |
| No longer available | |||
| May 13, 2023 | Price Decreased |
$285,000
↓ $40K
(12.3%) | |
| Price Decreased | |||
| Oct 20, 2022 | Relisted | $325,000 | |
| Relisted | |||
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Property Highlights
Parking Available
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
Price/ft²
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HOA + Taxes
About Magalia
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Listed by: Luci Hawes, Blue Team Realty, Inc. - Chico
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SN19008296
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SN19008296
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