216 Canfield
About This Property
Perfectly positioned to capture beautiful views of Lake Oroville, the surrounding foothills, and the valley below, this 5-acre property is ready for your vision! Much of the hard work has already been done, with a building pad in place and the property cleared, giving you a head start on creating your dream home, mountain retreat, or peaceful getaway.
Imagine waking up to sweeping lake and valley views, watching wildlife wander through the surrounding countryside, and ending your evenings beneath a sky filled with more stars than you can count. With plenty of room to spread out and enjoy the privacy of country living, this is the kind of property where you can truly slow down and enjoy the beauty of Northern California.
Bring your plans, walk the building pad, take in the views, and picture your future here. Opportunities like this don't come along every day-schedule your private showing and come see what makes this 5-acre property so special!
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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 |
|---|---|---|---|
| Aug 19, 2026 | Listed by Re/Max of Chico | $150,000 | |
| Listed by Re/Max of Chico | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017