8 Ramona Dr
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 |
|---|---|---|---|
| Sep 14, 2026 | Listed by Village Associates Real Estate | $2,198,000 | |
| Listed by Village Associates Real Estate | |||
| May 11, 2026 | Sold | ||
| Sold | |||
| May 6, 2026 | In contract | - | |
| In contract | |||
| Apr 24, 2026 | Listed by Coldwell Banker | $1,250,000 | |
| Listed by Coldwell Banker | |||
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Opportunity knocks in Ivy Drive Neighborhood! 2374 sq ft, 4 bedrooms, 2 baths, on .22 acres offered for the first time and in mostly original condition. Located in the heart of the coveted Ivy Drive neighborhood on the south side of Orinda. Amazing potential for an enterprising contractor or family wanting to renovate to their own tastes. There are plenty of newly expanded and renovated homes close by for inspiration. Opportunity abounds! Excellent street appeal thanks to a gorgeous apple tree shading the front yard. Level entry with a generous open floor plan, wood and Parquet floors, and a fresh coat of paint throughout. The kitchen with pantry flows into high ceiling dining and living room areas with four large skylights lightening the space. A large family room with fireplace opens onto a flat backyard. An uphill slope in the back offers privacy and pathways to roam. One car garage with room for expansion. Walkable to Del Rey Elementary, Orinda Intermediate, and Miramonte High School. So convenient and just minutes away from the Moraga Shopping Center, restaurants, health clubs, the Sunday Farmers Market, community parks, and walking trails!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017