59 Magnesio Street
About This Property
The open-concept layout flows seamlessly from the spacious living area to the modern kitchen, complete with a large island and pantry, creating the ideal space for everyday living and entertaining. An attached 2-car garage provides convenience, while solar and a tankless water heater keep energy costs low.
Set on a desirable corner lot at the end of the road, this property offers extra privacy in a quiet neighborhood, yet remains just 5 minutes from freeway access for easy commuting. The low-maintenance front yard landscaping means more time to relax, while the backyard is ready for your personal touch. Whether you dream of a pool, garden, or outdoor entertaining space, there's plenty of room to make it your own.
Located just minutes from the Afterbay and Lake Oroville, you'll have endless opportunities for outdoor recreation, including boating, fishing, and hiking. Don't miss the chance to make this beautiful home yours and experience the best of Oroville living!
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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 |
|---|---|---|---|
| Oct 22, 2025 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 22, 2025 | Listed by Keller Williams Realty Chico Area | $415,000 | |
| Listed by Keller Williams Realty Chico Area | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017