9340 Mountain View Drive
About This Property
The primary bedroom with a walk-in closet and ensuite bathroom, and 2 other spacious bedrooms and main bath await on the other side of the home. The bathrooms have beautiful tile accents and an ensuite that enjoys a luxurious soaking tub. The craftsmanship and attention to detail is apparent throughout the home. As you walk through the bedroom and bath areas, again, notice the beautiful views out the windows.
Outside, enveloping the home is a cleverly planned hardscape that allows for a fenced, raised-bed garden, several stone fruit trees, grape vines, gazebo, sitting areas, and 2 outbuildings that add to the incredible amount of storage available. As you enjoy the outdoors, this quality build has an ironwood deck where you can enjoy the beautiful and soothing little mermaid fountain, mature landscape and beautiful trees. With no structure directly behind the property, there is a peek-a-boo view of Atascadero Lake! The proximity to the lake, the Pavilion, and Atascadero Zoo makes this such a unique location. It is a short stroll to watch a baseball game at Alvord Stadium or enjoy concerts in the park! Short distance to downtown Atascadero, the SR 41 or US route 101 freeway access north or south. Schedule your viewing appointment soon! Please review the Virtual Tour for additional information including approximate room dimensions.
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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 |
|---|---|---|---|
| Sep 12, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 5, 2024 | Listed by Malik Real Estate Group, Inc. | $950,000 | |
| Listed by Malik Real Estate Group, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017