4005/4007 El Capitan DR
About This Property
Built with an old-world level of quality and detail nearly impossible to reproduce today, the combined properties feature 7 bedrooms, 5 full baths, and 2 half baths across multiple thoughtfully designed living spaces. Both properties feature their own 2-car garage, plus additional space for boat or RV parking.
The main residence at 4005 El Capitan showcases vaulted ceilings, brick and parquet wood flooring and loads of custom millwork. The fully custom chef's kitchen features quartzite countertops and top-of-the-line appliances. Additional highlights include multiple living areas, a massive wood-burning fireplace, temperature-controlled wine closet, luxury cocktail bar, industrial walk-in freezer, oversized utility room/flex space, extensive built-in storage, luxe primary bath, and a secondary master suite with ensuite bath, all designed with exceptional attention to detail.
4007 El Capitan offers incredible flexibility and is currently configured as a premier home gym featuring professional-grade rubber flooring, mirrored walls, plus 3 bedrooms and 2.5 baths. Ideal for guest quarters, multigenerational living or wellness space.
Outdoor living rivals any luxury resort with a heated in-ground pool with spa, outdoor speaker system, and an exceptional outdoor kitchen complete with top-tier appliances, imported Italian pizza oven and keg tap. The grounds also feature multiple pergolas/arbors, dining areas, fire pits, screened-in treehouse-style porch/deck, storage shed, green space, and beautifully landscaped surroundings.
This is more than a home- it is a private compound designed for entertaining, relaxation, wellness, and everyday luxury. Rarely does a property like this come to market.
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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%.
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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 21, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Listed by Realty of America, LLC | $985,000 | |
| Listed by Realty of America, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017