71
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2135 Live Oak Rd
About This Property
Central Coast.
The grandeur of the custom-built Main Home Estate unfolds with impeccable design and meticulous craftsmanship evident from the moment you step inside. Boasting 3,060 +/- sf, 2 bedrooms, 2 bathrooms, plus an office, this residence features an open and spacious floor plan with high open-beamed ceilings, wooden beams, ceramic tile, and hardwood flooring throughout. The chef's dream kitchen, complete with granite countertops, high-end appliances, a walk-around pantry, and a center island with bar seating, is ideal for entertaining. The living area, adorned with a beautiful wood-burning fireplace and built-in wood storage, creates a cozy ambiance on chilly evenings. The primary suite offers access to the back balcony, and the primary bathroom includes a walk-in closet, two vanities, a walk-in tile shower, and a wall gas stove. A covered breezeway leads from the kitchen to the 2-car garage, housing a finished, temperature-controlled wine storage room and a laundry room.
The charming two-story barn-style guest house, built in 1981, spans 2,210 +/- sf with granite counters, wood cabinets, and hardwood flooring. The upper level comprises an open living area, kitchen, den, half bathroom, primary bedroom, and primary bathroom. Downstairs, the spacious garage area, utility room, half bathroom, and workroom provide additional functionality. Adjacent to the breezeway, guest quarters feature a living area, two bedrooms, and one three-quarter bathroom. A solar system covers both the main and guest homes and the domestic well, reducing energy costs. There are also 60 Arbequena Spanish Olive trees that produce great olive oil. Vineyards, mesmerizing views, a prime location, privacy, an estate home, a retreat-this property encapsulates it all. Seize the opportunity to own this extraordinary property today; it's a once-in-a-lifetime chance you won't want to miss!
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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 |
|---|---|---|---|
| Oct 8, 2024 | Relisted | $13,000,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Dec 13, 2023 | Listed by RE/MAX Parkside Real Estate | $13,000,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017