$300,000
●
House -
Off Market
14655 Betz Lane
Red Bluff, CA 96080
2 Beds
2 Baths
1,344 Ft²
$469,002
RealtyHop Estimate
46.56%
Since Oct 1, 2019
National-US
Primary Model
About This Property
Stop! Nestled in the hills off Highway 36 W is this 10.27 acre
parcel that is fenced and features a 40 x 60 Butler built
building. It is fully insulated, has 2 pellet stoves, concrete
floor, an office, and a bathroom, and parking . You could work on
your projects all year round. There a 2 bedroom 2 bath 1986
manufactured home on a county approved foundation system. Home has
a screened in porch an open floor plan there's a breakfast bar,
wood stove, dishwasher, propane gas range, refrigerator, washer,
dryer are just a few of the amenities. Step out to your orchard
with orange, tangerine, fig, apricot, pear, and loquat fruit trees.
There's a detached carport, out buildings and along with all of
this you have solar panels which not only services the shop
building but also the house. Call for an appointment to see today.
Unit Size
1,344 Ft²
Days on Market
82 days
Land Size
10.27 acres
Price per sqft
$238
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1986
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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: 4 months ago (CRMLS #SN19153585)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2019 | Sold | ||
| Sold | |||
| Jun 27, 2019 | Listed by Jamison Properties | $320,000 | |
| Listed by Jamison Properties | |||
| Jun 19, 2019 | No longer available | - | |
| No longer available | |||
| May 6, 2019 | Listed | $395,000 | |
| Listed | |||
| | |||
|
Are you looking for a place to rebuild antique cars; or, maybe you are a carpenter and want a shop to design and build coffee tables; or, a potter who has always wanted a place to create those pots you can imagine. We are selling the shop you are looking for. It is a 60-foot by 40-foot, fully insulated Butler-built metal building located on 10 acres in rural northern California. During the winter, the shop is heated with two pellet stoves, and year-round, electricity is supplemented with a bank of solar panels on the roof. Internet is available for a spacious office that opens onto an outdoor patio. Near the shop is a cozy two-bedroom, two-bath home featuring an open design with lots of light, woodstove, and hardy appliances including dishwasher, new propane gas range, refridgerator, Whirlpool clothes dryer, and new GE washing machine. Beyond the house is an orchard with several mature orange trees, along with tangerine, fig, apricot, pear, and loquat fruit trees. The manager has listed the unit size as 1344 square feet.
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Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Tehama
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Listed by: Terri Jamison, Jamison Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SN19153585
Last Updated: 4 months ago
Data Source: CRMLS, MLS# SN19153585
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