0 Caballo
About This Property
- 4.94 acres of gently sloping land, providing ample space for your vision
- Flat, buildable area
- Opportunity to purchase the neighboring, upper 5+/- acres of land for $449,000 (APN 018-031-043)
- Sweeping views of the surrounding vineyards, hills, and city lights
- Convenient access to town – just a short 5 minute drive away
- Perfect for building a custom home or a small estate
- Utilities nearby for easy connection
- Close proximity to local schools, shopping, & dining
- Less than 10 minutes to world renowned wineries, 23 minutes to Lake Nacimiento, & 40 minutes to the beach
If you're looking for a private, spacious property with close access to town, this is an exceptional opportunity that won't last long!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 18, 2025 | Sold | ||
| Sold | |||
| Dec 26, 2024 | Listed by The Harley Group | $499,000 | |
| Listed by The Harley Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017