887 Rita Lane
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| May 12, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Keller Williams Realty Chico Area | $31,000 | |
| Listed by Keller Williams Realty Chico Area | |||
| | |||
|
887 Rita Lane is waiting to be your next build! The lot is cleaned up and PID is already connected and paid! And what a perfect location offering many close-by amenities and community staples; such as: the duck pond & paradise pool, the bike path, joy lynns candies, the gold nugget museum and really close to both schools. With just a minute drive to the skyway for chico, or clark for oroville, this lot offers the best location you could ask for versatility.
| |||
| Mar 23, 2018 | Sold | ||
| Sold | |||
| Jan 8, 2018 | Listed by Keller Williams Realty Chico A | $225,000 | |
| Listed by Keller Williams Realty Chico A | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017