812 Drown Avenue
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 13, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by LIV Sothebys Ojai | $2,600,000 | |
| Listed by LIV Sothebys Ojai | |||
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Cozy country meets modern entertainer's delight! Tucked away sits a 3 bedroom, 2 bath home with wood floors, vaulted ceilings, low maintenance landscaping and a bonus room/office. An impressive modern pool house faces the home from across the circular driveway. Designed by Two Trees Architects, this pool house features a full wall of glass doors that opens entirely to the pool/jacuzzi area offering mountain views from the relaxing sitting area. The interior walls are tongue and groove cedar and includes a half bath, exterior shower and simple yet efficient kitchenette. The BBQ area and firepit are just another enticing area to relax with family and entertain friends. Bonus! A one bedroom one bath guest house sits privately at the front of the property. This unit features a carport, washer and dryer, front and back private fully fenced yards and a storage unit. With nearly an acre of well-maintained landscape, 3 separate structures give the property a private resort-like feel, all the amenities and is within walking distance to town, parks, trails and schools. Don't miss this opportunity!
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| May 29, 2018 | Sold | ||
| Sold | |||
| Apr 12, 2018 | Listed by Keller Williams West Ventura County | $999,000 | |
| Listed by Keller Williams West Ventura County | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017