4954 3rd
About This Property
The main home makes a welcoming first impression with a large circular driveway and inviting front porch, set comfortably back from the road for added privacy. Inside, you'll find 3 bedrooms, 1.5 bathrooms, a front sitting room, a spacious living room anchored by a wood stove, and a dining area adjacent to the kitchen. Indoor laundry adds convenience, while a finished attic room with pull-down stair access provides flexible space for hobbies, crafts, or additional storage. Outside, there is ample room for gardening projects, a carport, and a detached shop complete with power and plumbing.
The second home has its own postal address and separate electrical meter, making it well-suited for extended family, guests, or potential rental income. It includes 3 bedrooms, 1 bathroom, indoor laundry, and a fenced yard.
The property offers a circular driveway, abundant storage space, and plenty of room for gardening, livestock projects, or 4-H activities. Existing outbuildings provide additional flexibility, while manual irrigation serves the mature trees and grassy areas. There is also a variety of fruit trees to fill your pantry.
Whether you're looking for a property that accommodates multiple households, an investment opportunity, or a place to create your dream country homestead, this unique property offers exceptional potential. Conveniently located just 15 minutes from Orland and approximately 25 minutes from Chico.
House 1 (main house with bonus attic room): approximately 1,395–1,400 sq ft
House 2 (second home): approximately 960–965 sq ft. Combined sq ft approximately 2,300.
Information has been gathered from sources deemed reliable but is not gauranteed.
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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 29, 2026 | Sold | ||
| Sold | |||
| Jun 14, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Upside Real Estate | $250,000 | |
| Listed by Upside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017