26165 Rinconada Drive
About This Property
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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 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 11, 2024 | In contract | - | |
| In contract | |||
| Jan 30, 2024 | Listed by David Lyng Real Estate | $4,400,000 | |
| Listed by David Lyng Real Estate | |||
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Carmel Valley Hacienda Estate with views of Steinbecks Pastures of Heaven. The view from the living room, bedroom & pool deck is The Pastures of Heaven view which Steinbeck wrote about in East of Eden & Of Mice & Men. The private unchanging & spectacular view is as if it was nearly 90 years ago. This country estate is both private & pristine. You will be surrounded by a generous livable home (5BR & 4.5BA) on a single level & a separate 1 BR 1 Bath guest quarters. The obvious pride of ownership is apparent in every detail. With the guest quarters, there is over 5300 sq ft of living space, offering welcoming space for family & friends. This home has it all. A solar panel array with Tesla Powerwall & a personal hiking trail are on this 10 acre property. A pool with solar heating, gardens, orchard, gated, & fenced. Additional buildings include a large barn, generous storage bldg & writers retreat. You will find yourself surrounded by lush gardens. You'll never want to leave. Additional possibilities for an equestrian or auto enthusiast. For the equestrian you'll find a barn with stalls, metal fencing in paddock area as well as covered shelter. For the car enthusiast, garages with high ceiling & doorway which may accommodate additional lift storage - extra room & workshop areas. The manager has listed the unit size as 4572 square feet.
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| Feb 16, 2017 | Sold | ||
| Sold | |||
| Feb 15, 2017 | Listed by Monterey Coast Realty | $2,995,000 | |
| Listed by Monterey Coast Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017