19251 Black 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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Oct 22, 2024 | Listed by Golden Gate Sotheby's International Realty | $6,598,000 | |
| Listed by Golden Gate Sotheby's International Realty | |||
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Set on 30 sprawling acres, private paradise in highly sought-after Los Gatos! Exceptional indoor living spaces, updated thru-out w/ pic windows & multiple balconies showcasing incredible views, executive office, main flr primary & theater rm, 2 laundry rms + incredible outdoor amenities promising endless entertainment & relaxation. Playground for adults & children alike, resort-style experience right at home! Lg areas for family & friends to gather, on-site parking for 100+/- vehicles! 2 garages w/ parking for 7+ cars. Pool & Spa originally featured on HGTV's Dream Builders, masterpiece of design w/ multiple cascading waterfalls, hidden grotto, incredible waterslide! Tiled & limestone decks & areas w/ artificial turf for low maintenance. Views of hills, city lights, Lexington reservoir! Authentic English conservatory w/ drainage & irrigation, 1+ mile of hiking & biking trails on property, multiple gardens & 7-acre walnut orchard! Ease of maintenance w/ integrated smart home systems, solar for house & pool, back up Tesla batteries. Escape hustle & bustle & around corner from world-class shopping & dining, top-rated LGHS, & wealth of outdoor activities. Luxury, comfort, & natural beauty converge, representing a rare opportunity-embrace an exquisite lifestyle in coveted Los Gatos.
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| Jul 12, 2017 | Sold | ||
| Sold | |||
| Mar 25, 2017 | Listed by Coldwell Banker Realty | $4,295,000 | |
| Listed by Coldwell Banker Realty | |||
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As seen on HGTV Dream Builders. Grand, gated estate. An entertainer's paradise. Newly remodeled kitchen in 2017 w/adjacent breakfast room overlooking backyard. Plenty of room to park 50 cars & entertain hundreds of guests. Site of private IPO launch parties, charity, wedding, concert & executive off-site events. Excellent floorplan. Rare 30 acres in desirable Los Gatos. Impressive entry & family room w/vaulted ceilings. Spacious main floor master bedroom. Big hill views w/vistas of Lexington Reservoir & Silicon Valley. Over $3m in land improvements alone. Car collectors will appreciate the oversize 4-car garage w/extra high ceilings + bonus storage for secondary garage or shop. 240V terminal for Tesla owners. Oversize flagstone patio. Flat yard for athletics, charity events & play. Authentic English conservatory. Fruit & nut trees. Hiking trails. Fabulous, state-of-the-art pool w/cascading waterfalls, professional waterslide, spa & even a cave. Close to Downtown Los Gatos.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017