34994 Sky Ranch 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 |
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| Aug 17, 2026 | Listed by RE/MAX Realty Partners | $600,000 | |
| Listed by RE/MAX Realty Partners | |||
| Mar 21, 2026 | Listed by RE/MAX Realty Partners | $600,000 | |
| Listed by RE/MAX Realty Partners | |||
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PLANS READY TO BUILD! Imagine waking up to sweeping views of rolling hills and vineyards from your own 10-acre oasis in the incredible Carmel Valley. This serene, picturesque parcel, dotted with native oaks & offering peaceful living, just 10 minutes from the vibrant Carmel Valley Village, where charming shops &cafes await. Build-ready and waiting: a foundation is already in place, all utilities available, PLUS comprehensive engineering reports & detailed building plans. Need permits? No problem! Seller had permits but they just expired, so they can be renewed, allowing you to build your custom home without the long wait (buyer to confirm), Wine lovers take note: stroll to nearby tasting rooms at Bernardus or Folktale Winery for world class pours amid the vines. Relax with a luxurious spa treatment. Adventure seekers adore the hiking and horseback trails at Garland Ranch Regional Park just minutes away or enjoy quick drive to Carmel-by-the-Sea beaches and Historic Monterey Bay. The acreage provides breathtaking views of the sweeping mountains in the sun drenched valley. Enjoy entertaining, gardening, tranquility and peace in your slice of heaven combining convenience with escape. Create the legacy property you've always envisioned in one of California's most coveted valleys.
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| Jul 14, 2017 | Sold | ||
| Sold | |||
| May 1, 2017 | Listed by Sotheby's International Realty | $939,000 | |
| Listed by Sotheby's International Realty | |||
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This is truly a magnificent home! With panoramic views of mountains, valleys, and vineyards, this thoughtfully designed Active and Passive Solar home is sited perfectly on a ridge crest. This 3678 sq.ft. eco-friendly home, designed and constructed by the current owner, is a masterpiece of energy efficiency and healthful living. Comfortable, light, bright, and spacious, the home has a laundry list of features too long to detail. Perfect for full-time living or weekend retreats. Must see to appreciate!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017