32 Las Flores
About This Property
The property is fully equipped for both comfort and adventure. A large shop includes a 609 sq. ft. 1-bedroom, 1-bath apartment-perfect for guests, extended family, or rental income. A separate shed provides an ideal home office or creative studio. There are three covered parking spots plus ample space for trailers, boats, or motorhomes.
For outdoor enthusiasts, the lower portion of the property features a motocross track, adding a fun and unique touch to this already versatile estate. With two wells, fresh gravel throughout, and a seasonal pond, this property blends functionality with natural beauty.
Enjoy privacy, space, and the tranquility of foothill living-all just a short drive from town. This one-of-a-kind property truly has it all: comfort, recreation, and room to live your dream lifestyle.
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Cap Rate Calculator
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 9, 2026 | Sold | ||
| Sold | |||
| Jan 14, 2026 | In contract | - | |
| In contract | |||
| Nov 22, 2025 | Price Decreased |
$499,999
↓ $15K
(2.9%) | |
| Price Decreased | |||
| Oct 24, 2025 | Listed by Keller Williams Realty Chico Area | $515,000 | |
| Listed by Keller Williams Realty Chico Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017