3484 Peerless Lane
About This Property
Out front, a welcoming patio sets the tone, offering a friendly space to greet neighbors, chat with friends, and enjoy festive moments throughout the year. Imagine Halloween evenings with kids trick-or-treating and the neighborhood buzzing with energy.
The backyard is where this home really shines. Designed with both relaxation and potential in mind, it features an above-ground pool, hot tub, and a garden area already planted with herbs, a lime tree, Meyer lemon tree, and lollipop grapes. There's plenty of additional space to expand your gardening dreams, create outdoor entertaining zones, or simply enjoy the privacy and sunshine.
Additional highlights include SOLAR, helping keep energy costs down, and a layout that offers flexibility for a home office, playroom, or guest space with the added den.
Located just ½ mile from Degarmo Park, you'll enjoy easy access to a playground, dog park, and multiple sports fields, with exciting improvements on the way! Including a lighted 9-hole, par-3 junior golf course, golf simulators, and an 18-hole putting practice course, plus even more planned enhancements.
This is a home that offers comfort today, lifestyle perks tomorrow, and the opportunity to truly put down roots in one of Chico's growing communities.
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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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Feb 28, 2026 | Price Decreased |
$610,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Feb 10, 2026 | Listed by eXp Realty of California Inc | $620,000 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017