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206 Oak Meadow Road
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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.
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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 22, 2026 | Sold | ||
| Sold | |||
| Aug 25, 2026 | In contract | - | |
| In contract | |||
| Jul 25, 2026 | Listed by Coldwell Banker Realty | $1,849,000 | |
| Listed by Coldwell Banker Realty | |||
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Nestled on a peaceful cul-de-sac in the charming foothill community of Sierra Madre, this classic 1949 mid-century modern home presents a rare opportunity to create something truly special. Set on an expansive 19,690 sq. ft. flat lot, the property offers exceptional privacy, beautiful San Gabriel Valley mountain views, and endless possibilities for renovation, expansion, or future development. A welcoming front entry leads into the single-story residence, offering 2,238 sq. ft. of living space with 3 generously sized bedrooms and 2 bathrooms. Step into the spacious living room with fireplace and dramatic floor-to-ceiling windows, which offer views to the backyard and fill the home with natural light. The dining room also enjoys floor-to-ceiling windows with sliding doors that open directly to the patio, creating a seamless indoor-outdoor flow ideal for entertaining. Adjacent to the dining room are the kitchen and a comfortable den located toward the rear of the home. The oversized primary suite features an en-suite bath with a separate sunken tub and shower. Two additional bedrooms share a hall bathroom, while abundant hallway storage enhances the home’s functionality. The true highlight of the property is the expansive park-like setting. The large backyard features lush green lawn, mature avocado, lemon and orange trees, mountain views and a generous patio with a covered section for year round enjoyment. Rarely does a property offer this much usable land in such a serene and private setting. Adding to the appeal is an attached two-car garage, an oversized driveway with possible RV parking, and a separate bonus room adjacent to the garage, ideal for a home office, studio, or workshop. With nearly half an acre, the property offers outstanding potential for a future ADU, swimming pool, sports court, while preserving the enjoyment of the spacious backyard and tranquil surroundings. This hard to find lot presents a unique opportunity to restore, renovate, and personalize a classic mid-century home in one of the most sought-after communities. Located within close proximity to charming downtown with shops, restaurants, parks, famous hiking trails, schools and the celebrated Sierra Madre Playhouse.
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| Jun 15, 2026 | Listed by Beycome Brokerage Realty Inc. | $2,039,000 | |
| Listed by Beycome Brokerage Realty Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017