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2424 Springbrook Street
About This Property
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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 |
|---|---|---|---|
| Sep 28, 2026 | Sold | ||
| Sold | |||
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 7, 2026 | Listed by RE/MAX ONE | $2,150,000 | |
| Listed by RE/MAX ONE | |||
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Montecito elegance meets Thousand Oaks luxury at 2424 Springbrook Street. Perched above the Conejo Valley on a quiet cul-de-sac in coveted Sunset Ridge, this stunning estate showcases breathtaking views, timeless architecture, and a rare floor plan designed for today's multi-generational lifestyle.Spanning nearly 4,400 square feet, this beautifully upgraded residence offers six bedrooms, six bathrooms, and a seamless blend of sophistication, comfort, and California indoor-outdoor living. From the moment you arrive, the expansive front porch, welcoming courtyard, lush landscaping, and distinctive Montecito-inspired arches create an unforgettable first impression. Inside, abundant natural light pours through walls of windows and French doors, inviting the outdoors in and creating an effortless flow for both everyday living and entertaining.Designed with flexibility in mind, the home features en-suite bedrooms on both the first and second levels, providing exceptional accommodations for guests, extended family, live-in support, or multi-generational living. A thoughtfully installed ELEVATOR enhances accessibility while adding convenience and long-term livability without compromising style.Every detail has been carefully curated, from the elegant architectural elements to the beautifully updated interiors. Outside, discover a private, Zen-inspired retreat with mature landscaping, peaceful gathering spaces, and fruit trees that enhance the sense of serenity found throughout the property. Whether hosting large celebrations with French doors opened wide or enjoying a quiet morning overlooking the valley, this home delivers a lifestyle that is both refined and relaxed.With a three-car garage, exceptional upgrades throughout, remarkable flexibility, and one of Thousand Oaks' most desirable hillside locations, 2424 Springbrook Street is a rare offering that combines luxury, beauty, and functionality in a way few homes can match.
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| Mar 13, 2015 | Sold | ||
| Sold | |||
| Jan 31, 2015 | Listed by Century 21 Everest | $1,174,000 | |
| Listed by Century 21 Everest | |||
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017