23873 Del Cerro Circle
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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 |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Feb 23, 2025 | Listed by Compass | $1,499,999 | |
| Listed by Compass | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 20, 2020 | In contract | - | |
| In contract | |||
| Jul 16, 2020 | Listed | $1,175,000 | |
| Listed | |||
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Presenting a gorgeous newly remodeled mid-century modern home located in the highly desired West Hills area. The home features four spacious bedrooms which include two en suite masters with walk-in glass showers and a total of four bathrooms. Bathed in natural light and warmth with an open floor plan which features recessed lighting throughout, separate dining room, vaulted ceilings in the master bedroom, family room, and living room. The living room features a gas burning fireplace, beautiful custom multi-paneled accordion doors spanning 20 feet, and opens to the newly remodeled backyard. This entertainer's yard includes a custom bar and new state-of-the-art Bluetooth equipped Bar-B-Que and smoker, a 10-foot gas fire feature, LED accent lighting, and plenty of room to play and relax. The modern chef's kitchen features gorgeous stainless steel appliances, six-burner stove, Bosch microwave/convection oven, side-by-side refrigerator/freezer, wine refrigerator, multi-paneled accordion doors which lead to the side yard and LED accent lighting. New easy-care waterproof flooring flows throughout the open, inviting space. The home is equipped with smart, Wifi capable and Alexa/Google home compatible Nest thermostat, doorbell, smoke detectors, light dimmers, garage door, exterior front lighting, accent lighting, & landscaping irrigation. An excellent family neighborhood with Pomelo Elementary just blocks away. The Commons of Calabasas, library, shops, & dining are just minutes away. The manager has listed the unit size as 2554 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017