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248 Cathy Drive
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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.
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 12, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 8, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $975,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Tucked into a desirable Newbury Park neighborhood, this beautifully updated single-story home offers the perfect blend of comfort, style, and privacy. With 3 bedrooms, 2 bathrooms, and nearly 1,500 square feet of living space, this inviting residence sits on an expansive nearly 8,000 square foot lot--creating a peaceful retreat you'll love coming home to.Step inside to discover a bright and welcoming interior featuring smooth ceilings, recessed lighting, newer windows and doors, and gorgeous wood-look tile flooring throughout--combining the warmth of wood with the durability of tile. The spacious living room is anchored by a cozy fireplace, making it the perfect spot to relax or gather with family and friends.The heart of the home is the stunning remodeled kitchen, thoughtfully designed with modern finishes including sleek waterfall countertops, stainless steel appliances, and a classic subway tile backsplash. Just off the kitchen, an adjacent dining room offers a wonderful space for everyday meals or entertaining, with views overlooking the sparkling pool and backyard--bringing in natural light and a connection to the outdoor setting.Outside, the private backyard is truly a standout feature. Enjoy distant mountain views of Mt. Boney while taking in the serene surroundings. The generous yard offers a large grassy area with artificial turf, a sparkling pool and spa, and plenty of space for entertaining, play, or simply unwinding. Two storage sheds provide added convenience for all your outdoor needs.Additional highlights include an attached 2-car garage and solar panels for energy efficiency.Ideally located near Borchard Community Park, Newbury Park High School, and Sequoia Middle School, this home offers both tranquility and convenience. With its inviting atmosphere, thoughtful upgrades, and exceptional outdoor space, this is a home that truly checks all the boxes.
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| May 29, 2015 | Sold | ||
| Sold | |||
| Apr 2, 2015 | Listed by Aviara Real Estate | $549,000 | |
| Listed by Aviara Real Estate | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017