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About This Property
The main residence has been thoughtfully updated with beautiful wood flooring, remodeled bathrooms, recessed lighting, and a spacious open-concept living area filled with natural light. The remodeled kitchen features custom cabinetry, stainless steel appliances, generous counter space, and a large island that opens to the living and dining areas - perfect for everyday living and entertaining.
Step outside to a private backyard retreat featuring a sparkling swimming pool, mature landscaping, multiple areas for relaxing and entertaining, and the indoor-outdoor lifestyle Southern California is known for.
Adding tremendous versatility and value is the detached approximately 440-square-foot structure featuring 1 bedroom, 1 bathroom, kitchen and living area. The ADU permitting process is currently nearing completion, providing an outstanding opportunity for extended family, guests, rental income, or separate living accommodations.
The property sits on an approximately 7,500-square-foot lot with a gated driveway, attractive landscaping and excellent privacy.
With its remodeled main residence, swimming pool, separate ADU and newly repositioned price of $897,000, this property represents an exceptional opportunity for both owner-users and investors. Come see the value and possibilities this unique Winnetka property has to offer!
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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 7, 2026 | Price Decreased |
$897,000
↓ $100K
(10%) | |
| Price Decreased | |||
| Jul 30, 2026 | Price Decreased |
$997,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Jun 12, 2026 | Listed by Harpaz Realty | $1,097,000 | |
| Listed by Harpaz Realty | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017