2304 Royal Oak Drive
About This Property
breathtaking panoramic views that stretch as far as the eye can see. Situated on a generous half-acre lot, this home combines luxurious living with modern
convenience. Stay cool and comfortable year-round with the newly installed HVAC system. The recently renovated bathrooms feature contemporary finishes and
fixtures, offering a spa-like retreat. The beautifully landscaped yard boasts low-maintenance synthetic grass and a variety of low maintenance hillside landscaping.
Benefit from energy savings with the solar system (PPA), making this home as efficient as it is beautiful. Enjoy the added convenience and style of custom built-ins throughout the home, providing ample storage and a polished look. The long driveway offers plenty of parking space for you and your guests, ensuring
everyone feels welcome. Experience the ultimate in privacy while still being conveniently close to local parks and top-rated schools. This unique property in the Mountain View neighborhood of Escondido is a rare find, offering a perfect blend of privacy and breathtaking natural beauty. Don't miss the opportunity to make
this hilltop haven your forever home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Apr 5, 2025 | In contract | - | |
| In contract | |||
| Apr 5, 2025 | Price Decreased |
$849,990
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Mar 4, 2025 | Relisted | $860,000 | |
| Relisted | |||
| Feb 25, 2025 | Price Decreased |
$899,990
↓ $25K
(2.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017