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528 W 8th Street
About This Property
Time forgot about this charmer, remnants of a gentler past. The front porch of this home has heard tales of the days when the country was relatively new and the front porch was a place for gathering with neighbors to socialize. This charmer is located near downtown and CSUC, offering living room with arched wall, dining room, a cozy kitchen with a gas range and refrigerator. This house also offers dual pane windows, newer tankless water heater, indoor laundry with washer and dryer, a garage with a newer garage door and a yard large enough for gardening and entertaining. If you are looking for a home that's just right, this is the home for you.
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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 |
|---|---|---|---|
| Sep 10, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by Re/Max of Chico | $299,000 | |
| Listed by Re/Max of Chico | |||
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Charm and character are what will come to mind as soon as you arrive at this home! Once inside, you will be captivated by the beautiful refinished hardwood flooring, freshly painted walls and numerous windows flooding the spacious living area with natural light. The nicely sized kitchen is equipped with wood cabinetry, ample counter space, a dishwasher and a gas range that will make cooking a breeze. When it’s time to relax, the bedrooms offer the ideal retreat. Both bedrooms are well-proportioned, providing space to stretch out and unwind. The Jack and Jill bathroom is not only functional but also stylish, with everything you need for your morning routine and the added convenience of easy access for guests. This home doesn’t stop there. It boasts a separate indoor laundry room, ceiling fans throughout to keep you comfortable year-round, and a dedicated dining area for family meals and gatherings. Off-street parking ensures you’ll always have a place for your vehicle, while the fully fenced backyard offers a private outdoor space for relaxation and entertainment. The exterior was recently painted, plus there is a detached garage to store any extra belongings, gardening tools or outdoor equipment. Location is key, and this Chico charmer is ideally situated just a stone's throw from Downtown Chico. You'll love the convenience to the Thursday night market, where you can explore local vendors and fresh produce. You will also be close to a variety of amazing local restaurants, shops and more. Whether you're searching for a great rental investment or a new place to call home, this property has it all. Its blend of charm, modern amenities, and prime location make it a standout choice. Don’t miss the opportunity to make this wonderful house your own and experience the best of Chico living.
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| Dec 13, 2019 | Sold | ||
| Sold | |||
| Jul 16, 2019 | Listed by Century 21 Select Real Estate, Inc. | $215,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017