16
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24030 ALDER Place
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%.
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 |
|---|---|---|---|
| Sep 17, 2026 | Price Decreased |
$1,550,000
↓ $245K
(13.7%) | |
| Price Decreased | |||
| Jun 10, 2026 | Listed by Douglas Elliman of California, Inc. | $1,795,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| Dec 3, 2024 | Listed | $1,895,000 | |
| Listed | |||
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Nestled within the prestigious guard-gated enclave of Mountain Park, this unique offering presents the rare chance to construct a brand-new modern farmhouse in the heart of Calabasas. Set on over an acre of land, this property boasts breathtaking views, unparalleled privacy, and an exclusive location. Proposed plans are for an approximately 8,000 sq ft estate including the stunning renderings, included with the property, envision a contemporary masterpiece designed to elevate the luxury lifestyle. This is truly a rare opportunity, new ground-up builds in this coveted, guard-gated community are almost unheard of. Enjoy the perfect blend of tranquility and convenience, just moments away from world-class shopping, fine dining, and all the best that Calabasas has to offer. Don't miss your chance to create an extraordinary estate in this private and sought-after enclave.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017