1
Map
647 Erbes Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 30, 2025 | Price Decreased |
$724,900
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jun 1, 2025 | Price Decreased |
$749,900
↓ $30K
(3.9%) | |
| Price Decreased | |||
| Apr 24, 2025 | Listed | $779,900 | |
| Listed | |||
| | |||
|
This cozy Nantucket-inspired bungalow is now ready for new owners! Uniquely styled, this charming home features a lovely kitchen/nook/great room with an island bar. The cabinets have a whimsical seaside feel with a blue wash, rustic exposed hinges and pulls while the dark stone floors inset with real copper pennies and the distressed beachwood-looking kitchen floors hint at vintage luxury. The upgraded granite plays on the color while the hand-hammered copper sink and dishwasher panel exude a seaside, almost nautical-like quality. The vaulted ceilings and skylights bring the outside in, while the lighting complements and accentuates all these elements. You can almost taste the salt in the air. Contrasting the casual beach-like feel inside, the near downtown and pedestrian location offers an urban feel replete with the sounds of the city. It's a combination that almost sounds like the ocean in the distance. The floorplan is extremely versatile, offering up to 3 bedrooms or 2 and a den and 2 full baths. But that's not all! The primary with its separate entrance affords the new owner the opportunity to create a separate apartment for a multi-generational solution or extra income as a rental. The covered and enclosed patio adds additional usable space and leads to the sizable back yard down to the creek. With a large driveway and covered two-car carport, this home awaits someone special who wants a single-family residence instead of a condo or townhome. No shared walls and no HOA either, make this Conejo Valley Living at its easiest.
| |||
| Apr 16, 2014 | Sold | ||
| Sold | |||
| Jan 9, 2014 | Listed by Berkshire Hathaway HomeServices California Realty | $379,900 | |
| Listed by Berkshire Hathaway HomeServices California Realty | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Thousand Oaks
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 4 Baths
- 4,007 ft²
$6,000 /mo
- 4 Beds
- 2 Baths
- 1,961 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017