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885 Masterson Drive
About This Property
The basement creates incredible additional potential for a media room, office, gym, workshop, playroom or storage. The oversized lot also offers room for a pool or possible additional unit.
Inside, enjoy an open-concept layout with wood-style flooring, recessed lighting, Pella windows and sliders, copper plumbing and an upgraded kitchen featuring granite counters, white cabinetry, stainless steel appliances, 5-burner gas range and large pantry. The great room features a stacked-stone fireplace, while the primary suite includes a walk-in closet and direct patio access.
Oversized garage, spacious bedrooms, Jack-and-Jill bath and multiple powder rooms complete the layout.
2018 construction, large lot, nearly 950 sq ft of additional basement space and endless possibilities-opportunities like this are hard to find.
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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 |
|---|---|---|---|
| Oct 12, 2026 | Price Decreased |
$1,199,911
↓ $37K
(3%) | |
| Price Decreased | |||
| Sep 10, 2026 | Listed by eXp Realty of California Inc | $1,237,000 | |
| Listed by eXp Realty of California Inc | |||
| Nov 26, 2019 | No longer available | - | |
| No longer available | |||
| Nov 14, 2019 | Price Increased |
$735,000
↑ $12K
(1.7%) | |
| Price Increased | |||
| Oct 6, 2019 | Price Decreased |
$723,000
↓ $6K
(0.8%) | |
| Price Decreased | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017