488 East 3rd Street
488 East 3rd Street
Closed 7/19/22
Closed 7/19/22
Description
- Listed by Mike McCrady • DRE #01234296 • Brokerage DRE #01234296 • Michael McCrady, Broker
Property Details for 488 East 3rd Street
Location
Sold By Michael McCrady, Broker, Mike McCrady, DRE #01234296
Property Details for 488 East 3rd Street
| Status | Closed |
|---|---|
| MLS # | SN22119211 |
| Days on Compass | 40 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1950 |
| Lot Size | 0.24 AC / 10,454 SF |
| County | Butte County |
Location
Sold By Michael McCrady, Broker, Mike McCrady, DRE #01234296
Building Information for 488 East 3rd Street
Payment Calculator
$5,428 per month
30 year fixed, 7.25% Interest
$4,639
$789
$0
Property Information for 488 East 3rd Street
- Tenant Pays: Cable TV, Electricity, Grounds Care, Gas, HVAC Maintenance, Janitorial Service, Management, Other, Pest Control, Repairs, See Remarks, Sewer, Water
- Gross Income: $78,600
- Gross Scheduled Income: $78,600
- Gross Operating Income: $78,600
- Net Operating Income: $64,981
- Gross Multiplier: 11.77
- Cap Rate: 7.02
- Financing: Cash
- Operating Expense: $13,619
- New Taxes Expense: $9,619
- Gardener Expense: $0
- Cable TV Expense: $0
- Fuel Expense: $0
- Licenses Expense: $0
- Pest Control Expense: $0
- Pool Expense: $0
- Security Expense: $0
- Furniture Replacement Expense: $0
- Electric Expense: $0
- Insurance Expense: $3,000
- Maintenance Expense: $0
- Professional Management Expense: $0
- Workmans Compensation Expense: $0
- Other Expense: $1,000
- Other Expense Description: reserves
- Trash Expense: $0
- Water Sewer Expense: $0
- Supplies Expense: $0
- Total Expenses: $13,169
- Tax Census Tract: 10.00
- CFD/Mello-Roos Fee: $0
- Tax Lot: 4
- Community Features: Biking, Park
- Laundry: Yes
- Laundry Features: In Closet
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Central Air
- Heating Type: Central
- Heating: Central
- Flooring: Carpet, Tile, Wood
- Construction Materials: Stucco
- Exterior Construction: Stucco
- Exterior: Stucco
- Roof: Composition
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 1
- Land Lease: No
- Land Lease Type: Fee
- Levels: Three Or More
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 9
- Unit Type Baths Total: 0
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $6,550
- Unit Type Total Rent: $6,550
- Unit Type Pro Forma: 6550
- Unit Type Type: 1
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 1
- Number Of Separate Gas Meters: 1
- Number Of Separate Water Meters: 1
Property History for 488 East 3rd Street
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 488 East 3rd Street
Schools near 488 East 3rd Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Parkview Elementary School PublicK to 5 | ||
Chico Junior High School Public6 to 8 | ||
Chico High School Public9 to 12 | ||
Inspire School of Arts and Sciences Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Homes for Sale near East Streets
Neighborhoods
Cities
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Michael McCrady, Broker, Mike McCrady, DRE #01234296
Based on information from one of the following Multiple Listing Services: San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by San Francisco Association of Realtors, the MLSListings MLS, the BAREIS MLS, the EBRD MLS, Shasta Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.