688 Calabasas 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 |
|---|---|---|---|
| May 13, 2026 | Sold | ||
| Sold | |||
| Apr 17, 2026 | In contract | - | |
| In contract | |||
| Mar 30, 2026 | Listed by Coldwell Banker Realty | $1,495,000 | |
| Listed by Coldwell Banker Realty | |||
| Dec 26, 2019 | Sold | ||
| Sold | |||
| Nov 20, 2019 | Listed by David Lyng Real Estate | $749,000 | |
| Listed by David Lyng Real Estate | |||
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Tucked in the hills of Aptos Hills-Larkin Valley is a unique three story home waiting for a little bit of TLC. The foundation and framework are in good condition; a wonderful opportunity for someone to implement their design esthetic to truly make it their own. Built in 1987, this single-owner home sits on a 6 acre lot and has 3 bedrooms and 3 bathrooms. Constructed in a reverse floor plan, the top entry level gives you the essence of a Lake Tahoe property with vaulted wood exposed ceilings, a loft area with a small bonus room attached, and large windows to view the beautiful surrounding trees. As you head down to the second floor, you will find all of the bedrooms with a master bedroom that includes an ensuite and reasonably sized closet. The third floor has a huge bonus room that could be the perfect playroom, game room, or whatever type of room you desire. Other features include accent fireplaces, private driveway, and enclosed garage. A lot of land and house for a fair price!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017