518 Encino Drive
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 |
|---|---|---|---|
| Nov 12, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Oct 8, 2025 | Listed by Epique Realty | $899,000 | |
| Listed by Epique Realty | |||
| Jul 18, 2019 | Sold | ||
| Sold | |||
| Jun 10, 2019 | Listed by The Virtual Realty Group | $679,000 | |
| Listed by The Virtual Realty Group | |||
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Wonderfully open and sunny, this charming, turnkey, country style home is located in beautiful Aptos. It has chic rustic style, is cozy, yet modern. Situated back from the road on a quiet, private street, this fairly flat lot has plenty of parking, an expansive entertaining deck, hot tub "ready" area, ample play yard, garden area, apple and lemon fruit trees, sprinkler system, dog run, and your own chicken coop with chickens (negotiable)! Inside, this home has been lovingly and tastefully updated; Nest thermostat, custom cabinets, double oven, gas stove, open beamed ceilings, laminate floors, dual pane windows, skylights. Enter into an airy Great Room, with full bath and bedroom on ground floor. Upstairs is bedroom and bonus room. Minutes to State parks, local parks, dog parks, camping, Aptos Village, shops, restaurants, and some of the best beaches in Santa Cruz County! Easy commute access too.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017