24572 Wembley Circle
About This Property
This 4 bedroom home has a large bottom floor Master Bedroom retreat with wood beams, and a cathedral ceiling, leading into the beautiful bathroom with original terra cotta flooring, and unique, well kept countertops, bath surround, and shower. The 3 additional bedrooms on the second level, offer nice sized rooms with beautiful natural lighting, new mirrored closet doors and closets, one with a custom-built in office space. The property originally had 3 fireplaces (master, main living room, and secondary living room), currently covered with drywall, however still functional and can be exposed by a contractor on your end, if desired. Sold as is.
The overall renovations, includes: new premium natural wood flooring throughout, new baseboards, fresh interior paint, new electrical, new kitchen appliances, modern ceilings fans, water heater with expansion tank, HVAC, water softener, recessed lighting, reverse osmosis filtration, updated upstairs closets, new doors, bidets attached to each new toilet, electric vehicle charger, and epoxy flooring in the two-car garage. The property sits in a cul-de-sac, with beautiful trees, well manicured neighbor properties, and features a wrap around large backyard with newer concrete, with palm trees. The possibilities for entertaining are endless! Winning school district, close to shopping, restaurants, I-5 and the 73 toll road. Don't miss the opportunity to own this gem in one of Laguna Hills most prestigious neighborhoods. Properties in this community do not become available often.
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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 10, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jun 7, 2025 | Relisted | $1,695,000 | |
| Relisted | |||
| Jun 5, 2025 | In contract | - | |
| In contract | |||
| May 23, 2025 | Price Decreased |
$1,695,000
↓ $90K
(5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017