23644 Del Cerro Circle
About This Property
As you step inside you're greeted by a formal entry leading to the grand living and dining areas featuring large windows and sliding glass doors that connect seamlessly to the outdoor living areas. The kitchen boasts custom cabinetry, designer lighting, artisanal mosaic tile design, dual ovens, and an industrial-style stainless steel range, inspiring your inner chef. The spacious family room has vaulted wood-beam ceilings, its own separate entrance and HVAC split system. Currently used as a creative studio, the configuration of this space offers potential as an in-law suite/ADU or fifth bedroom. Retreat and unwind in the primary suite featuring a walk-in closet, an additional wardrobe/sitting area with wall-to-wall closets, and an outdoor deck to enjoy breathtaking sunsets. The primary bath features a rich wood dual vanity cabinet, elegant lighting fixtures, marble flooring, and accents. Three additional bedrooms are generously sized, offering mountain and treetop views from every room.
The sparkling pool and multiple outdoor living areas invite relaxation and provide the perfect setting to enjoy the views, entertain, and create joyful moments with your friends and family. Zoned to top-tier schools, including El Camino Real High School, Hale Charter Academy, and Pomelo Community Charter, and adjacent to Chaminade College Prep. Enjoy nearby hiking trails, easy access to beaches, and world-class shopping and dining at Westfield Topanga, The Village, and Calabasas Commons. Take advantage of this rare opportunity and experience a lifestyle of elegance, comfort, and unmatched beauty. Schedule your tour today.
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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 |
|---|---|---|---|
| Jan 8, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Nov 18, 2024 | Listed by Compass | $1,399,999 | |
| Listed by Compass | |||
| Dec 22, 2022 | No longer available | - | |
| No longer available | |||
| Nov 2, 2022 | In contract | - | |
| In contract | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017