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2524 Drake Drive
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 21, 2021 | In contract | - | |
| In contract | |||
| Mar 14, 2021 | Listed | $1,090,000 | |
| Listed | |||
| | |||
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Single story Kevington charmer! This home oozes curb appeal. Make your way through the meticulously landscaped front entry to an open floor plan living space featuring wood floors, an inviting brick fireplace, and direct access to a beautiful covered patio. The living room flows directly into your dining room and kitchen, complete with a kitchen seating nook. Down the wide hallway, find a bathroom, two secondary bedrooms with large closets, and a spacious primary suite with large closets, en-suite bathroom, and private access to the lush backyard. The property is meticulously cared for and optimized. Features include a direct access two car garage, carport, an enclosed patio, charming stone pathways, lush hillside landscape, tall hedges, and a garden shed. This backyard feels like your own private oasis. Located in the sought-after Conejo Valley Unified School district. Jump on this beautiful home in one of Thousand Oaks' most desirable neighborhoods while you can. The manager has listed the unit size as 1620 square feet.
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| Jul 5, 2016 | Sold | ||
| Sold | |||
| Mar 1, 2016 | Listed by Alternative Realty Group | $710,000 | |
| Listed by Alternative Realty Group | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017