311 Prospect Street
About This Property
Beautifully updated 3 bed, 2 bath home with owned solar panels & battery backup. Features include luxury vinyl plank flooring, quartz countertops, remodeled bathrooms, and a chef's kitchen with pot filler and island microwave.
Enjoy the Pebble Tec pool & Jacuzzi with rotating lights, smartphone controls, and a covered patio with BBQ and mountain/orchard views. Glass French doors, sliding glass doors, and skylights bring in tons of light.
Extras: wood-burning fireplace, walk-in closet, new garage door & opener, Tuff Shed, electronic gate, 2-car garage, large lawn, and sunset deck. Backs to a bike trail to Ojai & the ocean!
Move-in ready with modern style and incredible outdoor living!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Keller Williams Realty Calabasas | $1,075,000 | |
| Listed by Keller Williams Realty Calabasas | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017