2715 Joaquin Drive
About This Property
As you enter the living room, you are greeted by an elegant fireplace, seamlessly flowing into the formal dining room where built-in cabinetry provides both style & functionality. At the heart of this home is the custom kitchen, featuring exquisite wood cabinetry, sleek Corian countertops & a spacious breakfast counter, perfect for gathering. Adjacent to the kitchen, the inviting den-complete with the home's second brick fireplace-offers a cozy retreat. Just beyond, a versatile office or workout room adds charm & practicality to the layout.
A standout feature is the circular blue breakfast nook with floor-to-ceiling windows, framing jaw-dropping views! The wood-beamed ceiling with the gorgeous wood peg-in flooring throughout the home exudes timeless elegance.
Upstairs, the expansive primary bedroom features an en-suite bathroom with heated cabinet vents for chilly mornings. The crown jewel of the upper level is the massive balcony-measuring just under 900 sq. ft.-providing absolutely stunning views. Whether you're enjoying the serenity of The Valley, the city lights of Downtown LA, or simply relaxing in this spacious outdoor retreat, the views from this balcony are nothing short of breathtaking. Complete with lighting & electricity, this outdoor space is a place of lasting memories. As it's under the roofline, one may even consider incorporating this 900 sq.ft. balcony into permitted living space.
On the lower level, an oversized laundry room has potential for an extra bathroom. The nearby three-car garage is equipped with a central vacuum system & extensive built-in cabinetry, offering ample storage & convenience.
Outdoors, the space is an entertainer's dream. Host a barbecue with the built-in grill, relax on the lush grassy area, or enjoy the serene patio with its tongue-and-groove ceilings all while taking in the superb view.
Modern amenities include dual air conditioning systems, security cameras, & a built-in speaker system.
Nestled in a prestigious neighborhood, this rare find combines luxury, charm & sweeping views-making it the perfect place to call home.
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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 |
|---|---|---|---|
| Nov 8, 2024 | Sold | ||
| Sold | |||
| Oct 31, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Listed by Media West Realty,Inc. | $2,875,000 | |
| Listed by Media West Realty,Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017