7391 Blue Oak Road
About This Property
This exceptional home features paid-off solar panels, a newer water softener, and a tankless water heater, ensuring both energy efficiency and modern convenience. As you step inside, you'll immediately be impressed by the open floor plan, highlighted by upgraded floors and carpet in the bedrooms, high ceilings, and custom shutters. The kitchen is a true standout, featuring a large quartz island, upgraded cabinetry, KitchenAid stainless steel appliances. The three bedrooms, laundry room, and bathroom are all thoughtfully laid out, creating a functional and comfortable space. The flexible layout includes a spacious office that can easily be converted into a 4th bedroom-complete with a cutout to close off for a closet. The front yard is beautifully landscaped, offering fantastic curb appeal, while the expansive backyard is an entertainer's dream. It's perfect for hosting guests, relaxing with family, and taking in the breathtaking views. There's plenty of space for building a custom pool, so you can truly make the most of the elevated views and outdoor living. Enjoy the cozy sitting area, and several fruit trees-creating a serene, private oasis in your own backyard. With great schools nearby, no HOA, and a low 1.5% tax rate, this home truly offers incredible value. Don't miss your chance-this one won't last long!
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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 |
|---|---|---|---|
| May 22, 2025 | Sold | ||
| Sold | |||
| Apr 1, 2025 | Listed by ROA California Inc. | $700,000 | |
| Listed by ROA California Inc. | |||
| Dec 8, 2023 | No longer available | - | |
| No longer available | |||
| Nov 4, 2023 | In contract | - | |
| In contract | |||
| Nov 4, 2023 | Price Increased |
$680,000
↑ $5K
(0.8%) | |
| Price Increased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017