73 Elsa Lane
About This Property
Located in the peaceful foothills just east of Oroville, this beautifully maintained 3-bedroom, 2-bath manufactured home sits on a permanent foundation and offers the perfect blend of comfort, space, and outdoor access. Nestled on 5 acres, you're just minutes from three different boat ramps on Lake Oroville-renowned for its bass fishing and endless recreational opportunities.
Inside, you'll find vaulted ceilings and abundant windows that flood the home with natural light and provide stunning views of the surrounding hills and mature trees. The spacious kitchen boasts rich wood cabinetry, tile-trimmed Formica countertops, and a built-in desk.
The open-concept living and dining areas feature a cozy propane fireplace, ideal for relaxing evenings. The primary suite is generously sized, with a bathroom offering dual sinks, a soaking tub, and a separate shower. A split floor plan provides privacy, placing the two additional bedrooms and second full bath (with a tub/shower combo) on the opposite end of the home.
Additional highlights include ceiling fans, ceiling fire sprinklers throughout, a dedicated utility room with exterior access, and a front porch that's perfect for taking in the breathtaking sunsets.
Outside, enjoy thoughtfully constructed rock retaining walls, a concrete septic tank, and a versatile 26x8 trailer that can be used as a shop or for extra storage. Owner has also installed a 500 gallon water tank.
All of this just 10–15 minutes from Oroville. Don't miss the opportunity to own this serene and move-in ready countryside property near Lake Oroville!
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 4, 2026 | In contract | - | |
| In contract | |||
| Mar 24, 2026 | Listed by Karen Whitlow Martin Real Estate | $315,000 | |
| Listed by Karen Whitlow Martin Real Estate | |||
| Jun 15, 2025 | Listed | $329,000 | |
| Listed | |||
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Tranquil 5-Acre Retreat Near Lake Oroville – Spacious 3 Bed, 2 Bath Manufactured Home
Located in the peaceful foothills just east of Oroville, this beautifully maintained 3-bedroom, 2-bath manufactured home sits on a permanent foundation and offers the perfect blend of comfort, space, and outdoor access. Nestled on 5 acres, you’re just minutes from three different boat ramps on Lake Oroville—renowned for its bass fishing and endless recreational opportunities.
Inside, you’ll find vaulted ceilings and abundant windows that flood the home with natural light and provide stunning views of the surrounding hills and mature trees. The spacious kitchen boasts rich wood cabinetry, tile-trimmed Formica countertops, and a built-in desk.
The open-concept living and dining areas feature a cozy propane fireplace, ideal for relaxing evenings. The primary suite is generously sized, with a bathroom offering dual sinks, a soaking tub, and a separate shower. A split floor plan provides privacy, placing the two additional bedrooms and second full bath (with a tub/shower combo) on the opposite end of the home.
Additional highlights include ceiling fans, ceiling fire sprinklers throughout, a dedicated utility room with exterior access, and a front porch that’s perfect for taking in the breathtaking sunsets.
Outside, enjoy thoughtfully constructed rock retaining walls, a concrete septic tank, and a versatile 26x8 trailer that can be used as a shop or for extra storage.
All of this just 10–15 minutes from Oroville. Don't miss the opportunity to own this serene and move-in ready countryside property near Lake Oroville!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017