1204 S RICE Road
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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Feb 2, 2025 | Listed by COLDWELL BANKER REALTY | $2,690,000 | |
| Listed by COLDWELL BANKER REALTY | |||
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PARADISE LIVING IN THE OJAI VALLEY. Enjoy the privacy of this immaculate pool property on .95 of an acre, which offers incredible attention to detail for upscale living. The main house has 25-foot vaulted ceilings, 3 bedrooms, 2.5 baths has 2,934 sqft. of living space. The upgraded kitchen boast custom granite countertops, a multi-level breakfast bar island, a 5 burner range, 2 built in dishwashers for convenience of entertaining, convection microwave, wine fridge, mini fridge, walk-in pantry and a separate laundry room. The Master bath is equipped with a shower and Jacuzzi tub and a huge walk-in closet. The main house provides engineered hard wood floors and is built with durable 2x6 exterior walls for added insulation and strength. A SEPARATE GUEST HOUSE provides additional space and privacy, with 1 bedroom, 2 baths, and a full kitchen. Enjoy the fresh-water pebble-tec pool and jacuzzi, accompanied by an outdoor hot/cold shower. The custom-built BBQ area includes a sink, refrigerator and BBQ grill. The fire pit offers both wood-burning and gas options. Additional features include a two-car garage with extra guest parking, and RV parking at the front of the property with electricity and a dump station. This California Ranch-style home is nestled among mature oak trees and a family orchard, ensuring maximum privacy. Located in a prime spot, you’ll have easy access to both Santa Barbara and Ventura. Don’t miss out on these unique Ojai Valley mountain views. There is so much more to see and appreciate. This property won’t last long!
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| May 24, 2016 | Sold | ||
| Sold | |||
| Mar 3, 2016 | Listed by RE/MAX Gold Coast REALTORS | $1,295,000 | |
| Listed by RE/MAX Gold Coast REALTORS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017