59
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6909 Solano Verde 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 |
|---|---|---|---|
| Jun 11, 2026 | Listed by Coldwell Banker Realty | $2,999,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 2, 2020 | No longer available | - | |
| No longer available | |||
| Jun 21, 2020 | Listed | $2,850,000 | |
| Listed | |||
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Tucked away in a quiet valley at the end of a long private driveway, this 35 ac ranch estate would make the ideal family compound. Being sold as a BANK FORECLOSURE, the Solano Verde Ranches home has 7,180 sq ft, with five bedrooms and six baths. Three common areas include open kitchen and family rooms, formal living room, and large upstairs media room with full bath, which could make a sixth bedroom. The enclosed backyard includes pebble tech pool with beach entry and spa, built in BBQ and dog run. Approximately three acres of avocados and tangerines are now being professionally managed. The property's expansive hillsides and valleys would make for ideal horseback riding or mountain bike trails. A detached guest house is also allowed, with multiple locations suitable. There is some work to be completed, with the master bathroom unfinished and the 4-car garage drywalling needing some replacement. The manager has listed the unit size as 7180 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017