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8495 Plane View
About This Property
Large windows and French doors fill the home with natural light while capturing far-reaching views. Interior details include solid hardwood floors, high ceilings, crown molding, tall baseboards, and warm alder wood cabinetry. The spacious chef's kitchen offers abundant cabinetry and double ovens, with plenty of room for gathering and entertaining. A generously sized primary suite, dedicated laundry room, newer air conditioning, attic fan, water softener, and owned solar add to the home's comfort and functionality.
Outdoor living is a highlight, with an expansive multi-level concrete patio overlooking views that stretch for miles. A substantial pergola brings distinctive old-world character to the space, creating an impressive backdrop for dining, entertaining, or enjoying quiet evenings outdoors. Mature trees and landscaping provide shade and privacy, while a secluded hot tub area and large fenced yard offer additional spaces to relax and enjoy the property.
Additional improvements include a storage barn and a charming detached outbuilding with abundant windows, French doors, and laminate wood flooring, offering flexible space for an office, studio, hobby room, or retreat. A large concrete driveway provides ample parking and room for an RV, while a deep well and owned solar add to the property's functionality. Offering acreage, privacy, established grounds, versatile improvements, and a location surrounded by some of Paso Robles' celebrated wineries, this property captures the space, scenery, and lifestyle that make Central Coast wine country so desirable.
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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 22, 2026 | Sold | ||
| Sold | |||
| Sep 30, 2026 | In contract | - | |
| In contract | |||
| Sep 16, 2026 | Listed by Home & Ranch Sotheby's Intl | $995,000 | |
| Listed by Home & Ranch Sotheby's Intl | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017