2985 Roop Road
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 |
|---|---|---|---|
| Aug 4, 2025 | Sold | ||
| Sold | |||
| Jul 4, 2025 | In contract | - | |
| In contract | |||
| Jun 20, 2025 | Listed by Compass | $1,498,000 | |
| Listed by Compass | |||
| Apr 14, 2025 | Listed | $1,599,000 | |
| Listed | |||
| | |||
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A stunning country retreat with modern luxury. Nestled on a gentle knoll with breathtaking hillside views, this 4 bedroom 2.5 bath, ranch-style single story gem, blends designer craftsmanship with modern amenities. Step inside to discover this home has been beautifully updated with hardwood floorings, exquisite woodwork, and new custom doors and hardware. The heart of the home is the beautifully redesigned gourmet kitchen, featuring marble and quartz counters & KitchenAid professional gas stove & built-in fridge. The interior floorplan is perfect for hosting & includes a bonus room featuring a separate laundry room & its own access to the spacious park-like backyard retreat. This fully fenced & gated property features a heated pool, large play yard/sport court, workshop, solar & Tesla Powerwall whole home backup (owned), Tesla charger, fully fenced raised garden, reclaimed wood shed for your farm animal family. Located just 5 minutes from the Gilroy Outlets & a variety of recreational options like Coyote Lake-Harvey Bear Ranch County Park, Eagle Ridge, Coyote Creek Golf Club, the Santa Clara Valley Wine Trail for a true wine-country experience. The home is ideal for relaxation, entertaining, or family living. Don't miss this stunning one-of-a-kind property!
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| Apr 12, 2017 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017