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16305 Hillcrest Drive
About This Property
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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 |
|---|---|---|---|
| Feb 16, 2026 | Listed by Keller Williams Realty Chico Area | $16,500 | |
| Listed by Keller Williams Realty Chico Area | |||
| Jun 30, 2025 | Listed | $23,500 | |
| Listed | |||
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Welcome to 16305 Hillcrest Dr, a beautiful 1.86-acre homesite tucked into the peaceful Rancho Tehama community, an ideal canvas to bring your dream property to life. Whether you’re ready to build your perfect ranch-style home or simply invest in land for the future, this lot offers the space, setting, and potential you’ve been searching for. Surrounded by mature trees and set in a gently rolling landscape, there’s room here for everything: a custom-built home, garden, workshop, barn, pool, or outdoor entertainment areas. With utilities nearby and plenty of space to spread out, you can create the lifestyle you’ve always envisioned, peaceful, private, and fully your own. As part of the Rancho Tehama Association, you’ll enjoy access to a community park, the future site of a new community pool (currently under construction), and the convenience of the nearby Rancho Tehama Fire Department, offering added peace of mind for residents. Whether you’re dreaming of a peaceful weekend getaway, a homestead surrounded by nature, or simply a place to plant roots in Tehama County, 16305 Hillcrest Dr delivers the space and flexibility to make it yours. Come walk the land and imagine the possibilities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017