8930 Ortega Road
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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%.
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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 |
|---|---|---|---|
| Dec 28, 2023 | No longer available | - | |
| No longer available | |||
| Nov 11, 2023 | In contract | - | |
| In contract | |||
| Nov 2, 2023 | Listed by Richardson Properties, Inc. | $1,495,000 | |
| Listed by Richardson Properties, Inc. | |||
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Peaceful country living just minutes to SLO! Situated in an idyllic setting that is worlds apart, yet convenient to everything that the Central Coast has to offer, this Southwest Atascadero estate features five acres studded with stately oak trees, a stylishly updated single level residence, a newly constructed detached accessory dwelling unit ideal for multi-generational living or rental income, plus a potential pasture area for horses or FFA/4H projects. With five spacious bedrooms (including two en-suite) and three luxe bathrooms, the main residence boasts a floor plan of approximately 2,800 square feet that’s both inviting, as well as versatile. Stepping from the entry into the comfortable living room, you are greeted with luxury vinyl plank flooring, soothing natural light filtering through Milgard windows, and a cozy fireplace with a stacked stone hearth/surround and a handsome wood mantel. With white cabinetry with antique style bronze hardware, granite slab countertops with full backsplash, an expansive island with breakfast bar, and a complete appliance package with included refrigerator with cabinet paneled doors, the kitchen is the perfect place to create your favorite meals, and you’ll love gathering around the table with friends in the adjacent dining room. The private owner’s suite includes patio access, a walk-in closet, and a luxuriously appointed full bath with dual vessel sinks, claw foot soaking tub with tiled surround, and a separate shower with a frameless glass enclosure and tasteful designer details. Four spacious secondary bedrooms; one with a full bath, another with a walk-in closet, and yet another with dual French doors that can be re-imagined as a home office, give you plenty of room for family and out of town guests. With a fully fenced rear yard, a lighted portico, and multiple seating areas, you’ll love entertaining outdoors as you soak in views of rolling sun kissed hills. With nearly 700 square feet of living space, the one bedroom and one-bathroom ADU includes a separate driveway and parking area and includes upscale finishes such as a Samsung stainless steel appliance package, LVP flooring, Derivati porcelain countertops and a walk-in shower. Additional hi-lights include a two-car garage with additional storage nook, expansive utility room/pantry, and energy saving features such as tankless water heaters and a leased solar system that’s sized to power the main residence, ADU, EV charging station, and future swimming pool. The manager has listed the unit size as 3495 square feet.
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| Jun 29, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2019 | Listed by BHHS Hallmark Realty | $798,900 | |
| Listed by BHHS Hallmark Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017