21629 SADDLE PEAK Road
About This Property
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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 30, 2023 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Price Decreased |
$2,995,000
↓ $255K
(7.9%) | |
| Price Decreased | |||
| Sep 20, 2023 | Price Decreased |
$3,250,000
↓ $500K
(13.3%) | |
| Price Decreased | |||
| Aug 8, 2023 | Listed by Douglas Elliman of California | $3,750,000 | |
| Listed by Douglas Elliman of California | |||
| | |||
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Welcome to your hilltop treehouse! Nestled in the Santa Monica Mountains in desirable Topanga Canyon, rests this Architectural beauty on over 2 acres. At the end of a private road, a gated-circular driveway welcomes you to this lovingly renovated home with 4 bedrooms, 3.5 baths and a gorgeous heated pool. The stunning views of the ocean, mountains and city gives you the peace and tranquility of being away from it all. The wood burning fireplace keeps you extra cozy during cool winter days, and open vaulted ceilings and exposed pilings create a warm and magical living space. A new Waterworks primary master suite, Gaggenue/Sub-Zero kitchen, new hardwood floors are just a few of the updates that keeps this private haven feeling modern and inviting. 2 bonus private spaces tucked below the main home are perfect for an art studio or office. Enjoy al fresco dining under the rare cassia gold medallion tree while overlooking your beautiful pool and garden. Landscaped pathways meander through the gated compound surrounded by dozens of fruiting trees including Pomegranate, Grapefruit, Lemon, Orange, Apple, Mulberries and more as well as a seasonal creek. The manager has listed the unit size as 4100 square feet.
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| Dec 30, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017