$268,500
●
House -
Off Market
9 Mayfair Drive
Chico, CA 95973
4 Beds
1 Bath,
1
Half Bath
1,481 Ft²
$428,140
RealtyHop Estimate
53.46%
Since May 1, 2018
National-US
Primary Model
About This Property
Come visit this quiet cul-de-sac to see this 4 bedroom home.
Backyard has plenty of room and with a little TLC this home could
be lovely. Property is on well and septic and has a fireplace with
woodstove. The roof was replaced about 7 years ago. Appliances are
not included.
Unit Size
1,481 Ft²
Days on Market
56 days
Land Size
0.32 acres
Price per sqft
$188
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 5 months ago (CRMLS #SN18035128)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2021 | No longer available | - | |
| No longer available | |||
| Jul 19, 2021 | In contract | - | |
| In contract | |||
| Jul 7, 2021 | Price Decreased |
$399,500
↓ $15K
(3.6%) | |
| Price Decreased | |||
| May 27, 2021 | Price Decreased |
$414,500
↓ $5K
(1.1%) | |
| Price Decreased | |||
| May 19, 2021 | Listed by Re/Max of Chico | $419,000 | |
| Listed by Re/Max of Chico | |||
| | |||
|
Darling 4 bedroom north Chico home nestled on a .32 acre lot. Bright & open feel, complete with living room fireplace. Exit living room slider to enjoy covered patio, and spacious backyard with mature shade trees and fire pit… Definitely the perfect spot for barbecuing and entertaining this summer! Located on a quiet cut de sac, with easy access to restaurants & shopping. The manager has listed the unit size as 1481 square feet.
| |||
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Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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Baths
ft²
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Sold On
HOA + Taxes
About Chico
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Listed by: Ryan Vaught, Ryno Company
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SN18035128
Last Updated: 5 months ago
Data Source: CRMLS, MLS# SN18035128
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