5200 Royal Oaks Drive
About This Property
This home has seen several recent updates, including a new stovetop with hood and a new oven installed within the past year, along with updated carpet, interior doors, and a newer water heater, adding comfort and peace of mind.
The home offers comfortable living with covered parking and a functional layout that makes great use of the space. Located just minutes from Lake Oroville and the Lake Oroville Event Center, this property is ideal for those who enjoy outdoor recreation, events, and a peaceful foothill lifestyle.
Special financing options are available due to the age of the home, making this an excellent opportunity for buyers who may not qualify for traditional financing.
Schedule your private showing today and explore the potential this Kelly Ridge property has to offer!
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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 |
|---|---|---|---|
| Feb 20, 2026 | Sold | ||
| Sold | |||
| Feb 7, 2026 | In contract | - | |
| In contract | |||
| Jan 1, 2026 | Listed by Re/Max of Chico | $130,000 | |
| Listed by Re/Max of Chico | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017