3852 Addys Lane
About This Property
• Three horse stalls with an automatic waterer and fenced area for animals (ready for a little TLC).
• Two large covered storage areas ideal for equipment, feed, and additional storage.
• An oversized round shop featuring HVAC, electricity, a built-in workbench, and shelving - perfect for tools, small RVs, or recreational toys.
Located just minutes from Butte College, this property is in a prime spot for those seeking a balance of privacy and convenience. It's approximately 25 minutes to Chico, 20 minutes to Downtown Oroville, and 15 minutes to Paradise with Lake Oroville nearby for outdoor recreation. Whether you're envisioning a peaceful retreat, a home for your farm animals, or the site of your future dream home, 3852 Addys Lane offers endless opportunities. Don't miss your chance to make this property yours - schedule a showing today!
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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 |
|---|---|---|---|
| Mar 25, 2025 | Sold | ||
| Sold | |||
| Jan 20, 2025 | Listed by Keller Williams Realty Chico Area | $189,000 | |
| Listed by Keller Williams Realty Chico Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017