22
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4488 Foothill 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 |
|---|---|---|---|
| Jun 12, 2026 | Price Decreased |
$4,600,000
↓ $250K
(5.2%) | |
| Price Decreased | |||
| Jan 12, 2026 | Listed by Sotheby's International Realty | $4,850,000 | |
| Listed by Sotheby's International Realty | |||
| May 14, 2025 | Price Decreased |
$4,950,000
↓ $245K
(4.7%) | |
| Price Decreased | |||
| Feb 24, 2025 | Listed | $5,195,000 | |
| Listed | |||
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Income producing property of 200,000 dollars plus, a year.
Tucked away in the foothills of the charming beach town of Carpinteria, this special retreat offers a serene escape where natural beauty meets opportunity on a 6-acre Organic Avocado ranch. With mesmerizing ocean and mountain views and up a private road, this property showcases a unique blend of rural tranquility and modern living. The land has been carefully revitalized using organic, regenerative farming practices, creating a productive and beautiful landscape.
The ranch features a thoughtfully designed and updated 4-bedroom, 3-bath, single-level main home with contemporary amenities while retaining its original charm. A sleek, modern, tiny home, designed in New Zealand, provides many options. It can serve as a guest house for family and friends or be rented to generate income.
An outdoor pavilion with a chic metal canopy, features a bar, kitchen, and fire-pit, creating a perfect setting for casual gatherings and entertaining.
This "biggest little ocean-view farm" is a haven where nature, well-being, and celebration come together - this is more than a home - it's a lifestyle!
A Thriving Orchard: The property boasts a diverse avocado orchard, including 100% Beyond Organic and Regenerative Farm practices: 420 Haas Avocado trees on Clonal Toro Canyon rootstock 165 GEM Avocado trees on Clonal Dusa rootstock 2 Nabal Avocado trees on Clonal Dusa Fruit trees: Passion fruit, Oranges, Cherimoya, Fig, Mulberry and wild Blackberries A separate planting of 115 Arabica Coffee trees. These add another dimension to the property's agricultural potential. Upgraded Electrical System: An extensively upgraded 400 amp electrical system provides ample power for the structures and Ag meters. The Williamson Act: Zoned for property tax reduction to preserve agricultural resources.
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| Feb 3, 2025 | Listed | $5,195,000 | |
| Listed | |||
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Escape to Your Ocean-View Organic Avocado Ranch with Six-Figure Generating Income and Significant Tax Benefits!Nestled in the coveted Carpinteria foothills, this exceptional 6+ acre organic avocado ranch offers a rare opportunity to embrace a tranquil lifestyle with substantial income potential. Enjoy breathtaking ocean and mountain views from your private retreat, accessed via a secluded road.Key Highlights:* Six-Figure Income Farm: This thriving organic avocado ranch, employing 100% Beyond Organic and Regenerative Farm practices, features a meticulously cultivated orchard with:* 420 Haas Avocado trees (Clonal Toro Canyon rootstock)* 165 GEM Avocado trees (Clonal Dusa rootstock)* Additional fruit trees: Passion fruit, Oranges, Cherimoya, Fig, Mulberry, and wild Blackberries and Coffee.* Significant Property Tax Reduction via the Williamson Act: Benefit from substantial property tax savings thanks to the property's zoning under the Williamson Act, designed to preserve agricultural land.* Updated Main Residence & Versatile Guest House: The property features a thoughtfully updated 4-bedroom, 3-bath single-level main home exuding charm and modern comfort. A stylish, modern New Zealand-designed tiny home offers flexible options as a guest house or additional income-generating rental.* Outdoor Entertaining Oasis: An inviting outdoor pavilion with a chic metal canopy, complete with a bar, kitchen, and fire pit, provides the perfect setting for al fresco dining and entertaining against the stunning backdrop. Perfect for hosting weddings and other income generating events!* Upgraded Infrastructure: Benefit from an extensively upgraded 400 amp electrical system, providing ample power for all structures and agricultural needs.This 'biggest little ocean-view farm' is more than just a property; it's a unique opportunity to own a productive organic ranch with significant income potential and tax advantages in one of Southern California's most desirable locations. Don't miss your chance to embrace this exceptional lifestyle!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017