4 La Palma Drive
About This Property
The home's interior boasts a spacious layout with a well-appointed kitchen, complete with granite countertops and ample storage. Additional features include French doors to the fully fenced backyard, large bedrooms and walk in closet in the primary bedroom, and more storage in the pantry and utility closet.
Situated within the city limits of Oroville, this property offers convenient access to major highways, including State Route 70 and State Route 149, facilitating easy commutes to nearby cities like Chico.
Outdoor enthusiasts will appreciate the proximity to Lake Oroville State Recreation Area, offering activities such as boating, fishing, hiking, and camping. Additionally, the scenic Table Mountain, known for its wildflower displays and waterfalls, is just a short drive away.
Currently listed at $355,000, 4 La Palma Drive presents an excellent opportunity to own a home that combines comfort, efficiency, and access to the natural beauty of Oroville.
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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 |
|---|---|---|---|
| Jan 6, 2026 | Sold | ||
| Sold | |||
| Nov 26, 2025 | In contract | - | |
| In contract | |||
| Nov 5, 2025 | Price Decreased |
$320,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 30, 2025 | Price Decreased |
$325,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 13, 2025 | Relisted | $330,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017