7650 Del Rio Road
About This Property
Open floor plan, high ceilings, spiral staircase and large windows and decks allow for wrap-around view of the lovely wooded vista.
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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 |
|---|---|---|---|
| Oct 1, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Price Decreased |
$949,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$969,000
↓ $6K
(0.6%) | |
| Price Decreased | |||
| May 30, 2025 | Listed by Comet Realty | $975,000 | |
| Listed by Comet Realty | |||
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Tucked away on 2 private acres in one of Atascadero’s most sought-after west side locations, Las Encinas, this beautiful property offers the perfect blend of sustainability, comfort, and versatility. With owned solar and a Tesla battery backup, you'll enjoy zero electric bills while living with modern peace of mind. The main home features central air plus efficient mini-splits through out, ensuring year-round comfort. A new roof and completely upgraded septic system with new leach lines mean the big-ticket items are already taken care of. A standout feature of this property is the income-producing junior ADU—ideal as a rental, guest suite, or a luxurious second primary bedroom. It even includes its own private hot tub, creating the ultimate retreat or rental experience. There’s ample space to build an additional unit, expand, or simply enjoy the room to breathe in total privacy. Whether you’re looking for a smart investment, multi-generational living, or a quiet getaway close to town, this west side gem checks all the boxes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017