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4576 Farousse Way
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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Mar 27, 2025 | Listed by COMPASS | $710,000 | |
| Listed by COMPASS | |||
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Set on a level, usable acre beside a picturesque vineyard, this updated single level ranch offers modern comfort and authentic Paso Robles charm. The approximately 1,330 sq. ft. home has undergone a comprehensive renovation over the past five years, including a new roof, HVAC, dual pane windows, flooring, lighting, and fully remodeled kitchen and baths. Quartz counters, a custom tile backsplash, and stainless steel appliances define the kitchen, while both baths showcase designer tile and custom vanities. Its living room boasts vaulted ceilings with recessed lighting, a handsome fireplace, and an oversized sliding glass door leading to the patio. The primary bedroom is appointed with a walk in closet, an ensuite bath, and secondary access to the back patio. Exterior upgrades include rain gutters, new concrete hardscape, partial oil pipe fencing, and refreshed front and backyard landscaping. With ample space for livestock, gardens, or even an additional building, this property presents endless possibilities. Enjoy the vineyard views offered by this exceptional Paso Robles ranchette!
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| Dec 6, 2019 | Sold | ||
| Sold | |||
| Oct 29, 2019 | Listed by RE/MAX Parkside Real Estate | $475,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
| Sep 16, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017