2345 Ritchie Circle
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 |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jun 11, 2018 | Listed | $359,900 | |
| Listed | |||
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Pride of ownership abounds in this tastefully updated home situated in a peaceful Chico setting just minutes to the downtown, CSU Campus, and Enloe Hospital. The drive to this home is through the West Avenues, where sweeping trees welcome you home to tranquility. This updated turn key property has curb appeal to boot! Modern and sleek, the exterior is crisp with fresh paint throughout, brand new pabco roof, new gutters, and a lush lawn hugged by the drought tolerant garden beds that feature low scape flowers and ornamental grasses. Countless brand new features makes this home completely move in ready including brand new HVAC and ducting, brand new milgard windows and sliding glass door, brand new carpet, new interior paint, new light fixtures, new fencing, and custom window coverings! The CROWN JEWEL of this home is the restoration hardware designer master bathroom which features his and hers sinks, a deep soaking tub, and a glorious oversized shower with pebble bottomed floor! The backyard is inviting and peaceful bordered by old growth trees for established privacy. Sit beneath the custom covered patio brought to life with patio lights and enjoy an undisturbed evening with views of the crushed granite fire pit area, low maintenance river rock backyard and custom raised garden beds. This home is beckoning you to have those summer BBQs with friends. Nestled in the center of Chico, minutes to modern convenience, and yet tucked away from the bustle. This home is a delight! The manager has listed the unit size as 1634 square feet.
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| May 23, 2018 | Listed by Re/Max of Chico | $359,900 | |
| Listed by Re/Max of Chico | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017