3891 Pentz Road
About This Property
The chef's kitchen includes quartz countertops, a stylish tile backsplash, double ovens, an eat-up bar, a pantry, and abundant cabinet space. The spacious primary bedroom is a bright retreat with a built-in bookshelf. Its ensuite bathroom features a luxurious tile shower with three shower heads, a sitting bench, granite counters, and a skylight, giving a spa-like feel. The guest bathroom is equally impressive, with granite counters, a soaking tub, and a beautifully tiled walk-in shower. The guest bedrooms are spacious and include ceiling fans for added comfort. The main house also includes an updated water heater, attic insulation & new 3 years ago all ducting & AC unit.
The second home, located at 3889 Pentz Road, is a 1,216 sq ft 2004 manufactured home with 2 bedrooms and 2 bathrooms on a permanent foundation. It offers vaulted ceilings, a split floor plan, and an open kitchen, living, dining area and separate laundry room. With its own address, electrical meter, and propane tank, it's perfect for rental or additional family living.
Noteworthy highlights of the property include RV parking with a dump station and a 1,800 sq ft 2 story shop with toilet, offering endless possibilities for hobbies or extra storage. The shop & property has ample space for boats, RVs, and other toys. There's even a 10x14 rolloff observatory, ready for your astronomy equipment!
Lovingly maintained for 24 years, this property offers the best of country living with modern amenities. Plus, it's located close to Lake Oroville, providing additional outdoor opportunities! Buyer to verify all square footage and details of the listing.
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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 13, 2025 | Sold | ||
| Sold | |||
| Feb 12, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Price Decreased |
$780,000
↓ $40K
(4.8%) | |
| Price Decreased | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed by Keller Williams Realty Chico Area | $819,500 | |
| Listed by Keller Williams Realty Chico Area | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017