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2538 Mccrea Road
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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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Compass | $1,549,000 | |
| Listed by Compass | |||
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Rare opportunity to own one of the Heritage Hills homes with stunning, one of a kind panoramic views overlooking the Conejo Valley! Not only can you own one of the best views in Thousand Oaks... it comes with just under 20,000 SqFt of land. There is a second tier of land you can have a pool, ADU, guest house or sports court for starters! Where else can you find views and land in a great location with so many possibilites to make your own!? There is no HOA. There is a 3 car garage with a wide driveway that can fit multiple cars or maybe an RV or boat! 4 bedrooms + an office/den with a wet bar. Light and bright kitchen with walk-in pantry and direct access to a family room and dining room, all open directly to the backyard with those insane views, which can be seen from every room in the home! Dual pane windows and two large sliding glass doors bring the outdoors inside. Two fireplaces, one in the living room and one in the family room. The primary bedroom has high ceilings, a walk-in closet and a spacious bathroom to make into something special with again, breathtaking views! This is truly a unique offering for a lucky buyer to make into their own and enjoy for years to come!
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| Apr 11, 2022 | Sold | ||
| Sold | |||
| Mar 10, 2022 | Listed by Pinnacle Estate Properties, Inc. | $1,399,000 | |
| Listed by Pinnacle Estate Properties, Inc. | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017