20491 Carancho Rd
About This Property
The home spans over 3,000 square feet of refined living space, beginning with a grand entry framed by soaring 20-foot ceilings and flooded with natural light. The great room showcases Italian-inspired architectural columns, custom built-ins, and an elegant fireplace that sets the tone for the rest of the residence. The gourmet kitchen is designed for both function and entertaining, featuring a large island with 6-burner cooktop, granite countertops, custom cabinetry, double convection ovens, abundant storage, and an effortless flow into the dining and family room areas. Living is easy on the main floor thanks to a spacious primary suite complete with dual walk-in closets, his-and-hers sinks, a vanity, oversized soaking tub, and a large walk-in shower. French doors open directly to the backyard, providing seamless access to the resort-style pool, heated spa, and covered outdoor entertaining area with wet bar and sink. The downstairs also includes a versatile 4th bedroom or office with French doors. Upstairs, two expansive bedroom suites each offer private balconies with sweeping vistas of the surrounding groves and hills. The grounds offer endless possibilities-gentle terrain ideal for vineyards, additional orchards, future guest house construction, or a sports court. A steel workshop/RV barn with electricity, oversized three-car garage, excellent security system, central vacuum, and extensive parking for 12+ vehicles round out this exceptional property. This is more than a home-it is a rare hilltop sanctuary blending luxury, privacy, natural beauty, and agricultural potential into one extraordinary offering.
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Cap Rate Calculator
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 5, 2026 | Sold | ||
| Sold | |||
| Sep 16, 2026 | In contract | - | |
| In contract | |||
| Jul 15, 2026 | Price Decreased |
$1,649,000
↓ $50K
(2.9%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Allison James Estates & Homes | $1,699,000 | |
| Listed by Allison James Estates & Homes | |||
| Oct 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017