2248 Drayton
About This Property
Located in one of Thousand Oaks' most desirable neighborhoods, this well-maintained 3-bedroom, 2-bathroom pool home offers comfort, efficiency, and an ideal Southern California lifestyle. The property features solar panels to help reduce utility costs and a saltwater pool with a power retractable cover, newly constructed and permitted in September 2020.
The interior offers a bright, functional layout with granite kitchen countertops, recessed lighting, dual-pane windows with accompanying dual pane sliding doors, and a fireplace in the main living area. Recent updates include fresh interior paint, newer carpet in the bedrooms, and new laminate flooring throughout the main living areas. New GFCI outlets have also been installed throughout the home.
The primary suite includes two closets, updated bathroom and a private patio sitting area, providing a quiet space to relax. An enclosed gated side yard offers additional outdoor flexibility, ideal for a dog run or garden area.
Conveniently located just minutes from The Oaks Mall, Wildwood Regional Park, and Conejo Valley Botanic Garden, with easy access to the 101 and 23 freeways. Shopping, dining, and outdoor recreation are all close by.
Property is currently tenant occupied.
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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 |
|---|---|---|---|
| May 8, 2026 | Sold | ||
| Sold | |||
| Apr 23, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Keller Williams Exclusive Properties | $899,000 | |
| Listed by Keller Williams Exclusive Properties | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017