87 Hilltop Drive
About This Property
Step inside to a stunning living room featuring soaring vaulted wood ceilings with rich exposed beams and warm tongue-and-groove detail. The vertical natural wood paneling in a golden honey tone adds classic retro charm and a cozy, cabin-style ambiance. A dramatic floor-to-ceiling brick fireplace with a raised hearth and built-in shelving anchors the space, while wall-to-wall sliding glass doors flood the room with natural light and open to a large outdoor terrace-perfect for entertaining, relaxing, and enjoying colorful sunsets.
The thoughtfully designed floorplan includes a formal dining room, a kitchen with ample cabinetry and storage, and both vinyl and carpet flooring throughout. The primary suite also enjoys direct access to the terrace, offering a peaceful retreat with views of the surrounding hills.
Originally designed with a garage, the home has been enhanced with a garage conversion to a large family room, while the former carport now serves as the existing garage-providing both flexibility and additional living space.
Outside, the expansive terrace with wrought-iron railing and terra cotta tiles creates the ideal spot for entertaining or soaking in the beauty of Paso Robles wine country. The classic stucco exterior and tile roof offer timeless curb appeal, while mature landscaping, including towering cypress trees, adds privacy and visual interest. A gently sloping lawn and concrete driveway provide plenty of parking and space to enjoy the outdoors.
All of this is just minutes from downtown Paso Robles, where you'll find charming shops, world-class dining, and award-winning wineries. Don't miss your opportunity to make this one-of-a-kind property your own-schedule a showing today!
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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 |
|---|---|---|---|
| Sep 25, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Price Decreased |
$849,000
↓ $51K
(5.7%) | |
| Price Decreased | |||
| Jul 25, 2025 | Price Decreased |
$899,900
↓ $95K
(9.6%) | |
| Price Decreased | |||
| Jun 2, 2025 | Listed by Platinum Properties | $995,000 | |
| Listed by Platinum Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017