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5419 Royal Oaks
About This Property
Located within walking distance to Lake Oroville and the historic Bidwell Bar Bridge-recognized as California's first steel suspension bridge-this home is surrounded by natural beauty and rich local history.This 3,165 sq. ft. home features 4 bedrooms, 2.5 bathrooms, two stories, and two spacious living areas with an open floor plan designed for both comfort and entertaining. The layout also offers excellent potential for a mother-in-law setup or multi-generational living.Inside, you'll find travertine flooring, heated floors and marble finishes in the spa-like primary bathroom, along with a walk-in closet, soaking tub, and serene views. The kitchen flows seamlessly into the main living space and out to the covered Trex deck with ceiling fans and lighting-perfect for enjoying the views year-round. A second covered patio below provides even more space to relax and take it all in.
Additional features include owned solar, central heat and air, propane tank, backup generator, exterior fire sprinkler system, drip irrigation, fruit trees, established landscaping, a large interior laundry room, and an attached 2-car garage. Pride of ownership shows throughout this home. Located in the highly sought-after Kelly Ridge neighborhood, this is a rare opportunity to own a property that truly captures the beauty and lifestyle of Lake Oroville. Seller financing available.
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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 |
|---|---|---|---|
| Jun 10, 2026 | Sold | ||
| Sold | |||
| May 13, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Price Decreased |
$619,900
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Mar 21, 2026 | Listed by LPT Realty, Inc. | $629,900 | |
| Listed by LPT Realty, Inc. | |||
| Nov 1, 2025 | Price Decreased |
$699,000
↓ $90K
(11.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017