8005 Quatro
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 5, 2026 | Price Decreased |
$3,500,000
↓ $695K
(16.6%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$4,195,000
↓ $305K
(6.8%) | |
| Price Decreased | |||
| Oct 31, 2025 | Listed by Carmel Realty Company | $4,500,000 | |
| Listed by Carmel Realty Company | |||
| Aug 25, 2017 | Sold | ||
| Sold | |||
| Mar 28, 2017 | Listed by Sotheby's International Realty | $3,500,000 | |
| Listed by Sotheby's International Realty | |||
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In every community there is the "legacy" property. This homesite exemplifies those qualities. Sited on over 7.5 acres along the ridgeline, Homesite 88 offers 360 degree views of the Tehama golf course, clubhouse, Monterey Bay, and the city lights beyond. The setting is truly spectacular. A broad, mostly level meadow features an enormous 1.8 acre building envelope offering ample space to design your legacy estate. Tehama, meaning "Abundance of Nature", is one of the most private residential and golf communities in the world. Only 90 homesites are spread over 2000 acres, surrounded by abundant wildlife and world-class amenities. This hidden paradise is mere minutes from downtown Carmel .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017