2037 Rayshire Street
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%.
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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 |
|---|---|---|---|
| Nov 3, 2025 | Sold | ||
| Sold | |||
| Oct 5, 2025 | In contract | - | |
| In contract | |||
| Sep 27, 2025 | Listed by Compass | $1,699,999 | |
| Listed by Compass | |||
| Aug 22, 2025 | Price Decreased |
$1,799,000
↓ $89K
(4.7%) | |
| Price Decreased | |||
| Jul 29, 2025 | Listed | $1,888,000 | |
| Listed | |||
| | |||
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Nestled in the scenic hills of Thousand Oaks, this beautifully reimagined single level 4-bedroom, 3-bathroom home offers modern luxury and comfort at every turn situated on a 13,000 square foot flat lot with endless potential. The home has been completely remodeled from top to bottom, no detail has been overlooked. Enjoy the warmth and charm of dual quartzite fireplaces, complemented by stylish NuCore flooring throughout the home. The chef’s kitchen is a true standout, featuring premium LG smart appliances, including a 5-burner cooktop and double oven, along with a sleek Fisher & Paykel panel-ready refrigerator and dishwasher. Quartz countertops and recessed lighting add a contemporary flair, perfect for everyday living and entertaining alike. Retreat to the master suite, where you’ll find a walk-in closet, a spa-inspired fully remodeled bathroom, and peaceful views overlooking the backyard. All bathrooms have been tastefully redesigned with high-end finishes to match the home’s elevated aesthetic. Upgrades abound with brand new electrical systems, including a 200-amp main panel and sub-panel, new plumbing, new energy-efficient windows, new interior and exterior doors, and a new garage door. Enjoy year-round comfort with R-38 attic insulation and appreciate the beautifully hardscaped front and backyard, ideal for outdoor gatherings and relaxation.This home truly combines modern convenience with timeless design — move right in and experience the best of Thousand Oaks living!
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017