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5006 Read 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 |
|---|---|---|---|
| Jul 30, 2026 | Sold | ||
| Sold | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by Engel & Voelkers, Westlake Village | $2,750,000 | |
| Listed by Engel & Voelkers, Westlake Village | |||
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Magnificent. Stunning. Breathtaking. There are many words used to describe real estate, but all fall short when used to describe 5006 Read Road, because words alone cannot do this sensational home justice. To truly appreciate this home, it must be seen with your own eyes. There are so many features both little and grand, that make this home so special. Take for example the centuries old Chinese Huabiao, or spirit columns sprinkled across the rear yard. How do you describe a koi pond and waterfall, springing from a stone obelisk, where the steps are ancient stone wagon wheels, and the gravel they lay in, crushed black volcanic rock? Peaceful? Zen-like? The marble inlayed mosaic entry hall is so unique, it looks like it could have come from a tapestry in the Taj Mahal. You quite literally pause just to take it all in. With nearly 5,200 SF of single-story luxury, with no interior steps and grounds that span nearly 2 acres of rolling topography, space is never a problem. The 4-car garage is amazing, and the 5 bed (4+den) and 4.5 baths floorplan is perfect. Whether you're looking for peaceful reflection, or big entertaining, the yard is amazing. The pool has all the amenities you could ever want, and the outdoor kitchen pavilion creates a place for amazing gathering and family fun, rain or shine. The Jerusalem Gold stone floors are gorgeous as are the window treatments and all the finishes. 5006 Read Rd. is where your home and your vacation place meet.
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| Sep 15, 2017 | Sold | ||
| Sold | |||
| May 12, 2017 | Listed by Dilbeck Estates | $1,999,900 | |
| Listed by Dilbeck Estates | |||
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About Thousand Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,200 /mo
- 4 Beds
- 3 Baths
- 3,037 ft²
$7,250 /mo
- 4 Beds
- 4 Baths
- 4,109 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017