2358 Alba Avenue
About This Property
The home has a 2 car carport with an attached locking storage room that has electricity. Behind that is another storage area and the large yard and covered porch for enjoying the days and evenings of Chico.
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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 |
|---|---|---|---|
| Jun 3, 2023 | No longer available | - | |
| No longer available | |||
| May 4, 2023 | In contract | - | |
| In contract | |||
| Apr 10, 2023 | Listed by Keller Williams Realty Chico Area | $325,000 | |
| Listed by Keller Williams Realty Chico Area | |||
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Discover the perfect blend of convenience and comfort with this charming home located in a peaceful cul-de-sac just minutes away from Highway 99, restaurants, shopping, parks, and all that Chico has to offer. The interior and exterior have been freshly painted, adding a fresh and welcoming touch to the home's overall appeal. The spacious backyard and covered porch offer ample opportunity for outdoor enjoyment, from soaking up the sun during the day to relaxing in the cool evening breeze. This property offers an excellent opportunity to enjoy the best of Chico living in a prime location. Don't miss out on this amazing home! Call us now and see it first! The manager has listed the unit size as 1051 square feet.
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| May 29, 2018 | Sold | ||
| Sold | |||
| Apr 14, 2018 | Listed by Becky Prater Real Estate | $219,900 | |
| Listed by Becky Prater Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017