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0 palermo honcut hwy — Oroville | Belmont Brokerage | Belmont Brokerage

Active

+2 more

$149,999

544 DOM

— bd— ba— sqft

Call

0 palermo honcut hwy Oroville, CA 95966

9.60acre lot

This nearly 10 acres of blank canvas is perfect for fulfilling your home & farming dream. Unbeatable location - with main road access, you won't have to worry about beating vehicles up getting home; the future harvest of your crop will be easily transportable to market; you'll have peaceful rural living yet only a few minutes to conveniences in Palermo & only several minutes to larger conveniences in Oroville (Hospital, Walmart, shopping & eats). With a slight sloping grade & seasonal flows near the road, the land has a slight high ground that is a perfect area for your home & septic installation. The positive slope & drainage makes the property ideal for most types of farming (including trees & livestock) & will make for highly manageable landscaping around the house. With the power @ the SW corner of the lot (adjacent the road), the cost of service should be much less expensive than other properties (also consider an Ag meter) & well development should be very efficient. If you are considering a new build of any kind (stick, modular, mobile, temp RV) & are interested in farming or just having great space with a lot of elbow room, this property is a must drive-by! + this is a fully open area ideal for solar!!

MLS OR24215458

530-864-1520 (Office) 530-864-1520 (Cell) scottperkins@startmail.com

Est. payment

$958/mo

Principal & interestTaxesInsurance

$758$156$44

Down %

Rate %

Years

Down payment: $30,000 · Total cost: $303,051

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$958/mo

Principal & interest: $758
Est. property tax: $156
Est. insurance: $44
Down payment: $30,000

Est. gross rent$625/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-333/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Oct 16, 2024	$165,000	—

Facts & Features

Transaction Data

▼Price Reduced from $165,000 (−$15,001)

530-864-1520 (Office) 530-864-1520 (Cell) scottperkins@startmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

0 palermo honcut hwy, Oroville, CA 95966

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Call

0 palermo honcut hwy Oroville, CA 95966

About this home

Scott Perkins

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Scott Perkins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

0 palermo honcut hwy, Oroville, CA 95966

About This Property

Property Photos

0 palermo honcut hwy Oroville, CA 95966

About this home

Scott Perkins

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Scott Perkins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.