12181 VALLEYHEART Drive
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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.
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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 |
|---|---|---|---|
| Jun 14, 2024 | No longer available | - | |
| No longer available | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 8, 2024 | Listed by Rodeo Realty | $2,999,999 | |
| Listed by Rodeo Realty | |||
| | |||
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Nestled in the coveted Footbridge Square neighborhood of Studio City, this contemporary farmhouse exudes sophistication and functionality. Boasting 4 bedrooms and 4 1/2 baths spread across two spacious levels, this lovely home welcomes you with a seamlessly open floor plan. The heart of the house is the expansive great room, featuring a stylish wet bar, built-in cabinets, and a gourmet kitchen equipped with top-of-the-line Jenn Air appliances, including a 6-burner stove, double oven, and two dishwashers. Accordion patio doors off the great room create effortless indoor-outdoor living unveiling a stunning wood deck equipped with a built-in BBQ area, ceiling fans and heater. A meticulously landscaped backyard oasis complete with a saltwater pool, jacuzzi, fire pit, and outdoor shower—a perfectly crafted space for entertaining or relaxing.
Upstairs, the primary bedroom awaits with dual closets and a private balcony. The primary bathroom includes double sinks, a luxurious rain shower, and a standalone soaking tub, creating a spa-like retreat within the comforts of home. One bedroom down stairs and two additional en suite bedrooms upstairs ensure ample space for family and guests. Other features include built-in Sonos speakers in the great room and formal living room, wood floors, elegant wine display and a wet bar. In addition, has a Tesla Solar Panel System with a back-up battery. This gated home is perched above the street offering privacy and a peaceful treetop view. Situated in a fantastic area of Studio City where you can use the footbridge to reach the vibrant Ventura Boulevard to enjoy shopping, dining, Sunday Framer’s Market and more. This residence epitomizes modern luxury living, the ultimate blend of style, convenience, and comfort. Make this Studio City gem your new home! The manager has listed the unit size as 3085 square feet.
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| Jul 21, 2020 | Sold | ||
| Sold | |||
| Jun 1, 2020 | Listed by Rodeo Realty - Pacific Palisades | $2,150,000 | |
| Listed by Rodeo Realty - Pacific Palisades | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017