1800 Back Ranch 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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 16, 2025 | In contract | - | |
| In contract | |||
| Jul 22, 2025 | Listed by Coldwell Banker Realty | $4,250,000 | |
| Listed by Coldwell Banker Realty | |||
| May 14, 2025 | Price Decreased |
$4,500,000
↓ $498K
(10%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed | $4,998,000 | |
| Listed | |||
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This exceptional property is in one of the most exclusive neighborhoods between Santa Cruz and Half Moon Bay, along a gated private road with great views of the Pacific Ocean and Monterey Bay. It is secluded and serene, yet it is only 5 minutes from Highway 1, 15 minutes from Santa Cruz, and 90 minutes from San Francisco. The property covers 11+ acres of flat, open land and has 2 legal parcels. It features a romantic, contemporary Craftsman home (~2400 sq.ft.) connected via a courtyard with a guest house (~1800 sq.ft.), surrounded by extensive gardens, patios, and decks for outdoor entertaining. A modern kitchen opens to a spacious dining room and a living room with sweeping views over a coastal meadow frequented by wildlife. The main bedroom has a walk-in closet and a spa-like bathroom. The guest house has 2 bedrooms, 2 full baths, a library, kitchenette, and a large living space. The compound has a caretaker's studio (~400 sq.ft.), a garage and workshop (~1000 sq.ft.), and other outbuildings. It has a modern infrastructure with high-speed internet and backups for communications, power, water, and fire safety. Sited ~500 feet above sea level and 2 miles from the ocean, it is close enough to hear the surf at night, but far enough inland to be sheltered from the wind.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017