EXCEPTIONAL NEW PRICE! Move-in ready today. This outstanding
residence offers the flexibility to enjoy the grandiose
current style or personalize it over time. True value extends
beyond finishes-it is defined by the home's generous scale and
coveted location.The Oaks at Calabasas is a guard gated community
that redefines luxury. This home makes a strong first
impression starting with the curb appeal showcasing lush and
colorful landscape. Set behind a private wrought iron security
gate, the sizeable open-air courtyard allows you to bask in the
natural sunlight and is ideal for the 'green thumb' atrium lover.
Upon entering, the main living space is a standout, with
soaring ceilings, bright natural light, fireplace, and French doors
that span the entire length of this massive space that opens to the
backyard--creating seamless indoor-outdoor living. The kitchen is
both functional and inviting, featuring generous counter space, a
large center island, stainless steel appliances, walk-in pantry,
ample storage and opens to the family room with a cozy fireplace.
Every room facing the backyard has access to the outdoors and every
bedroom has its own private bathroom. A desirable downstairs
bedroom offers added flexibility for guests, multi-generational
living, or a private home office. Enjoy a spacious media room with
French doors opening to the front patio and the front courtyard,
providing a flexible secondary living space. Take the
bifurcated staircase with rich wood detailing and crisp white
balusters up to the second floor. The second story has a thoughtful
layout with 'one-bedroom split' offering privacy and versatility.
The dedicated hallway introduces the laundry room(featuring plenty
of storage, counter space, and a utility sink) in addition to two
well-spaced bedrooms. Located off the upper-level landing, a loft
serves as a transition space to the fireside primary suite--an
inviting retreat featuring a private balcony, a charming turret
(perfect for natural light while getting ready or as a reading
nook), a spacious bath, and an impressive walk-in closet. The
backyard is designed for both entertaining and everyday enjoyment,
featuring a sparkling pool and spa, generous patio space, multiple
areas to relax or gather, and a mature lemon tree adding charm and
a touch of garden-to-table living. Just a short distance away is
The Commons at Calabasas offering a variety of restaurants, stylish
boutiques, grocery store, pharmacy and so much more! The property
is in The Las Virgenes school District known for superior academics
and award-winning programs for school aged children. This is not
just a place to live; it is a place to belong.
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.
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