1158 Flax Drive
About This Property
Old Town Orcutt & Award-Winning Schools In The Distinguished Orcutt School District. Property Features Include; Welcoming Entry Foyer That Has Soaring Upper Level Ceilings With Impressive Hanging Chandeliers.Comfortable Great Room With Gorgeous Natural Wood Plank Style Luxury Vinyl Flooring, Vaulted Ceiling With Stylish Fan/Light, Attractive Light Paint Design With Baseboards, Double Sliding Door Access To Back Yard That Has Wonderful Natural View Of Orcutt Hills, Plus Relaxing Upper Level Bonus/Family Room With Wood Style Flooring, Wonderful View Windows And A Beautiful Full Wall Bookshelves. Lovely Kitchen With Beautiful Polished Stone Counter Tops & Breakfast Bar With Decorative Tile Backsplash Walls, Elegant Pendant Lights Hanging Over Breakfast Bar Seating, Handsome Dark Wood Style Cabinetry, Premium Brand Stainless Steel Appliances Including 5-Burner LG Gas Stove/Oven, Recessed Lights, Wood Style Luxury Vinyl Floor And Separate Dining Area With Spectacular Overhead Hanging Chandelier. Lovely Bedrooms Including Romantic Main Level Master Suite With Peaceful View Of Orcutt Hills, Natural Wood Plank Style Floor, Calming Light Paint With Attractive Accent Wall Covering And A Very Luxurious Personal Bathroom With Large Walk-In Closet.
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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 |
|---|---|---|---|
| Jun 30, 2026 | Sold | ||
| Sold | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| Apr 23, 2026 | Listed by United Agents | $899,900 | |
| Listed by United Agents | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017