575 E Thomas Street
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 |
|---|---|---|---|
| Oct 20, 2026 | In contract | - | |
| In contract | |||
| Oct 9, 2026 | Price Decreased |
$850,000
↓ $35K
(4%) | |
| Price Decreased | |||
| Aug 20, 2026 | Listed by Compass | $885,000 | |
| Listed by Compass | |||
| Aug 1, 2026 | Listed by Compass | $880,000 | |
| Listed by Compass | |||
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Freshly updated and move-in ready, this single-level 4-bedroom, 2-bath home offers comfortable living in an established Oak View neighborhood just minutes from Ojai and Ventura. The light-filled living room features a fireplace, generous windows and sliding glass doors opening to the rear patio and yard. Fresh interior and exterior paint, smooth ceilings, warm-toned flooring and new bedroom carpeting create a clean, updated feel throughout. The bright white kitchen features refreshed cabinetry and a new microwave, while both bathrooms have also been thoughtfully updated. Additional improvements include a new HVAC system with air conditioning, updated lighting and refreshed landscaping. Set on an approximately 8,700-square-foot lot with a spacious front yard, private rear patio, attached two-car garage and dedicated laundry area, 575 Thomas Street offers an easy indoor-outdoor lifestyle in Oak View.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017