4116 Rio Grande Drive
About This Property
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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 |
|---|---|---|---|
| Jun 2, 2023 | No longer available | - | |
| No longer available | |||
| May 2, 2023 | In contract | - | |
| In contract | |||
| Apr 11, 2023 | Listed by Keller Williams Realty Chico Area | $875,000 | |
| Listed by Keller Williams Realty Chico Area | |||
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Sitting on a 1.15 acre lot in a quiet neighborhood in North Chico. This home is absolutely AMAZING! This home features an in-ground pool, beautifully landscaped yard with fruit trees, a garden area and a large patio perfect for entertaining. The interior of this home is immaculate! With a very spacious open floorplan, high ceilings, beautiful hardwood floors, and large windows that give plenty of natural light throughout. Enjoy cooking on your updated kitchen with quartz counters, a kitchen island, wine fridge, stainless steel appliances, a beautiful brick backsplash, and a walk-in pantry. The master bed has private door access to the backyard and has double sinks and walk-in shower in the master bath. The backyard is the perfect place to spend your hot Chico summer! PLUS, it has plenty of space to build your DIY projects, room for a shop or a guest house, the possibilities are endless The manager has listed the unit size as 2372 square feet.
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| Jul 9, 2020 | Sold | ||
| Sold | |||
| Mar 13, 2020 | Listed by The Stogan Group | $799,000 | |
| Listed by The Stogan Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017