950 Karen Drive
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%.
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 |
|---|---|---|---|
| Feb 11, 2024 | No longer available | - | |
| No longer available | |||
| Jan 15, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Price Increased |
$475,000
↑ $16K
(3.5%) | |
| Price Increased | |||
| Nov 30, 2023 | Listed by Keller Williams Realty Chico Area | $459,000 | |
| Listed by Keller Williams Realty Chico Area | |||
| | |||
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Ready to go!! This home is situated on a cul-de-sac street close to Lower Bidwell Park. It was painted inside and out in preparation for sale. In addition to the 1,486 sf of living space, there is a 216 sf attached bonus room with indoor laundry hookups and a shop sink. The original hardwood floors are in great condition. Roof and HVAC were installed in 2019. The 7.1kW solar energy system has a 13.5kW Tesla backup battery. The garage conversion was tastefully done by previous owners and provides a perfect room for entertaining or an additional bedroom. The kitchen features granite countertops, gas range and lots of extra cabinetry for all your pantry items. The home is equipped with a tankless hot water heater, whole house fan, ceiling fans and a gas insert fireplace. Common areas are hard wired with audio speakers. The spacious fully fenced back yard features a pergola patio cover, water fountains, playground set, fruit trees, 1000 gallon water storage tank and a hot tub! There is trailer or boat parking on the side yard and plenty of storage in the covered carport. Close proximity to schools, shopping, freeway access and In Motion Fitness Center. The manager has listed the unit size as 1486 square feet.
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| Jun 10, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017