894 Forest Avenue
About This Property
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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%.
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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 |
|---|---|---|---|
| Sep 24, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Jul 15, 2025 | Listed by eXp Realty of California, Inc. | $479,000 | |
| Listed by eXp Realty of California, Inc. | |||
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Welcome to 894 Forest Avenue, where comfort, charm, and convenience all come together in one of Chico’s most desirable locations. Just a block from Bidwell Park, this 4-bedroom, 2-bathroom home spans 1,793 sq. ft. and offers the rare chance to live steps away from paved trails, meandering dirt paths, the creek, and the natural beauty that makes Chico so beloved. Inside, the home was designed with gatherings in mind. The bright, open floor plan keeps the kitchen, dining, and living spaces seamlessly connected, creating the perfect atmosphere for entertaining. Soaring ceilings and bamboo flooring throughout the main living areas add warmth and elegance, while the free-standing wood stove becomes the cozy centerpiece on chilly winter nights. The kitchen is as functional as it is stylish, featuring designer cabinetry, a bold blue tile backsplash that pops behind the gas stove, a generous walk-in pantry, and even a built-in desk area for planning meals or managing daily tasks. Between the dining room and bar-top seating, there’s more than enough space to keep family and friends close. Down the hall, you’ll find three well-sized bedrooms with plush carpeting, the laundry room, and a thoughtfully designed guest bathroom with a split layout, separate vanity and sink area from the bathtub and toilet, making mornings easy for multiple people. The primary suite is a true retreat, complete with its own slider to the backyard, a spa-like en-suite with soaking tub, walk-in shower, dual sinks, and a generous walk-in closet with built-in shelving. Step outside and you’ll discover a serene backyard oasis. The concrete patio is perfect for dining al fresco or lounging with a book, while winding pathways lead you through beautifully landscaped gardens with drip irrigation, seating areas, and direct access to the side yard. Additional highlights include an attached 2-car garage for parking and storage, and a shared driveway with the neighboring property that provides convenient access. And when it comes to location, it doesn’t get better. With shopping, restaurants, schools, freeway access, and Downtown Chico all just minutes away, you’ll enjoy the best of both convenience and natural beauty. 894 Forest Avenue isn’t just a house—it’s a lifestyle, where every day feels connected to the heart of Chico and the serenity of Bidwell Park.
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| Dec 11, 2019 | Sold | ||
| Sold | |||
| Sep 27, 2019 | Listed by Coldwell Banker/DuFour | $397,000 | |
| Listed by Coldwell Banker/DuFour | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017