2173 Ranchwood Place
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 25, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Price Decreased |
$938,000
↓ $30K
(3.1%) | |
| Price Decreased | |||
| Apr 28, 2025 | Listed by Keller Williams Realty-Studio City | $968,000 | |
| Listed by Keller Williams Realty-Studio City | |||
| | |||
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This stunning property in the highly desirable Canyon Crest neighborhood boasts an open floor plan featuring 4 generously sized bedrooms and 2 1/2 baths, offering 3,020 square feet of comfortable living space, and room for RV/boat parking. This family-friendly open floor plan also features a den + a 20 x 14 ft versatile room, a family room, a formal dining room and a formal foyer, a heated pool and spa with a removable fence , patio & private backyard. . This home was remodeled in 2021. The open floor plan filled with natural light features white oak flooring, recessed lighting, updated light fixtures, energy-efficient appliances. The living room features a fireplace and vaulted ceilings. To one side is the versatile 20' x 14' room with its own HVAC, closet, entrance & private patio currently used as a home office, perfect as a gym, game room, home theater or use as a 5th bedroom! The chef’s kitchen features stainless-steel appliances, quartz counters, cabinets with soft close drawers & shelves and a waterfall eat-in island. Step down into the family room with a second fireplace and adjacent den (used as a playroom). The sliding doors from the kitchen, dining room & sitting room conveniently lead directly to a very private backyard with its sparkling heated pool & spa and private patio—ideal for family fun, entertaining, al fresco dining. To the side the grassy area is perfect as playground for kids and/or pets. The landscape includes tropical flowers, some mature and fruit trees (orange, pomegranate, avocado, plum). Upstairs are four bedrooms including a spacious primary suite with its vaulted ceilings, private 14' x 12.5' terrace overlooking the pool and dual closets: 7' x 6' walk-in closet + a 10ft linear closet. The en-suite bathroom features a custom walk-in shower and large vanity area. Three additional bedrooms, each with a spacious closet, along with an updated full bath featuring a skylight. There is a two-car garage and an enclosed storage room. Recent upgrades: remodeled 2021, laundry room with W/D, HVAC (2021), energy-efficient pool heater (2024), removable pool fence, tamper-resistant outlets, French drains, privacy. Located on a quiet, family-friendly cul-de-sac in one of Riverside’s most desirable neighborhoods. Enjoy the convenience of being near top-rated schools, shopping centers, and easy highway access. Disclosure: The realtor is related to the sellers. Don't miss the opportunity to make this exceptional property your new home!
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| Jul 1, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017