538 Sunset Drive
About This Property
Previous home was 1,078 sqft. Agent is related to Sellers.
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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 |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Sep 19, 2025 | In contract | - | |
| In contract | |||
| Aug 6, 2025 | Listed by Keller Williams Realty Chico Area | $397,000 | |
| Listed by Keller Williams Realty Chico Area | |||
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Welcome to 538 Sunset Drive, a brand-new 2025 build offering 3 bedrooms, 2 bathrooms, plus a dedicated office, all in one of the most sought-after streets in Paradise. Just one block from the renowned Billie Park, where you can enjoy scenic trails, a vista point overlooking Butte Creek Canyon, a playground, picnic areas, and wide-open grassy space, the location is truly unmatched. From the moment you arrive, the inviting covered front porch sets the tone, offering the perfect spot to sip your morning coffee and wave to neighbors. Step inside and you’ll be greeted by a bright, open-concept design that seamlessly connects the living, dining, and kitchen areas. The spacious living room is ideal for relaxing or entertaining, and the sleek electric fireplace adds warmth and ambiance at the touch of a button. A sliding glass door off the living space fills the home with natural light and creates easy access to the outdoors, perfect for indoor-outdoor living. The dining area flows effortlessly into the kitchen, keeping everyone connected. Designed with both style and function in mind, the kitchen boasts crisp white cabinetry, granite countertops, stainless steel sink, pots and pan drawers, two lazy Susans, and a modern electric range, making meal prep a joy. Down the hall, two generously sized guest bedrooms and a full hall bathroom provide plenty of space for family or visitors. At the end of the hallway, the private primary suite becomes your retreat. Here, you’ll find a large walk-in closet, an en-suite bathroom with dual sinks, and a slider leading to the backyard. One of the standout features is the attached bonus room, ideal as a home office, nursery, gym, or even a second oversized closet, the possibilities are endless. The backyard is a blank canvas waiting for your imagination. Whether you dream of a lush garden, a pool, an outdoor kitchen, or simply wide-open space for kids and pets to play, there’s room to bring it to life. Custom iron gates flank both sides of the home, and one oversized gate offers secure RV or boat parking, an amenity rarely found in new construction. With its unbeatable location, thoughtful design, and modern finishes, 538 Sunset Drive isn’t just a house; it’s an opportunity to create your dream lifestyle in Paradise.
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| Mar 10, 2020 | Sold | ||
| Sold | |||
| Oct 4, 2019 | Listed by Century 21 Select Real Estate | $29,000 | |
| Listed by Century 21 Select Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017