45300 De Portola Road
About This Property
The gourmet kitchen is fully equipped with an enormous center island, granite tile countertops, a 5-burner propane stove, 3 ovens, a warming drawer, refrigerator, freezer, wine cooler, microwave, and a large walk-in pantry. Two skylights fill the kitchen with natural light, while a butler pantry area, complete with a secondary sink and built-in desk, adds even more functionality.
The primary suite is a private retreat, featuring a large bedroom with its own fireplace and a massive walk-in closet. You can see the stunning oaks from the many windows and French doors. The en-suite primary bathroom offers a luxurious experience with a jetted tub and a double-sized steam shower. The other two guest rooms are very spacious, and each are located to insure maximum privacy for all.
Outdoor living is at its finest with a wraparound deck made of wood and composite materials, accessible from 10 different doors throughout the house. Enjoy the storybook brick pathway that follows the deck and meanders past the surrounding oak trees. The main door entry enjoys a landscaped courtyard highlighted by a beautiful fountain, while a 3-car garage with a covered breezeway adds both convenience and charm. The covered breezeway from the garage connects to an addition shop building.
Additional features include a tankless water heater, forced air heating and cooling, ceiling fans throughout the home, and a sprinkler system for the yard. Surrounded by oak trees and offering picturesque views, this property blends modern amenities with serene country living. There is also an impressive entry with gates and a seasonal pond.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 9, 2025 | In contract | - | |
| In contract | |||
| Dec 22, 2024 | Price Decreased |
$1,495,000
↓ $55K
(3.6%) | |
| Price Decreased | |||
| Oct 16, 2024 | Listed by Rainey Realty | $1,550,000 | |
| Listed by Rainey Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017