622 Thousand Oaks LOOP
About This Property
Inside, the warm and inviting layout is enhanced by solid wood and terracotta tile flooring. The kitchen has been opened to improve flow and sightlines, featuring custom solid oak cabinetry, granite countertops, a stainless steel farmhouse sink, and a Viking electric cooktop. Multiple living and dining areas provide flexibility for everyday living and entertaining, while a wet bar and custom built-in bookshelves frame the main living room fireplace.
The main-level primary suite offers a private escape with outdoor access, dual walk-in closets, and a bath complete with a walk-in shower and classic claw-foot tub. Upstairs, four secondary bedrooms include built-in desks and share Jack-and-Jill bathrooms, offering ample space for a variety of needs.
Outdoors, the property transforms into a private, resort-style setting. A 45-by-25-foot in-ground pool, completed in 2024, is designed for year-round enjoyment with heating and chilling systems, a sun shelf, and extended underwater seating. Composite decking, installed in 2025, surrounds the pool and flows into a covered cabana equipped with an outdoor kitchen, TV mount, shower, and restroom. Additional improvements include a custom eight-foot privacy fence installed in 2024 and slate patios added in 2022, enhancing the secluded outdoor environment.
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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 |
|---|---|---|---|
| Sep 3, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$850,000
↓ $49K
(5.5%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$899,000
↓ $51K
(5.4%) | |
| Price Decreased | |||
| Jun 9, 2026 | Price Decreased |
$950,000
↓ $50K
(5%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by Redfin Corporation | $1,000,000 | |
| Listed by Redfin Corporation | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017