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3108 Ferncrest Place
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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 9, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | Listed by Engel & Voelkers, Westlake Village | $1,099,000 | |
| Listed by Engel & Voelkers, Westlake Village | |||
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Experience living in idyllic Lang Ranch behind the exclusive gates of Eagleridge! Privacy abounds on Ferncrest Place with no neighbor behind or across the street! This beautifully upgraded home features high end amenities like real solid oak hardwood floors and Restoration Hardware lighting. Just look at the dining room chandelier! Incredible! And the magnificent wall sconces and kitchen nook pendent lights! Wow! Gorgeously updated with crisp white cabinets, dramatic hardware, fresh designer white walls, granite kitchen counters and plush new carpeting, this 3 bedroom plus loft/optional bed 4, 2.5 bath home is absolutely brilliant. Enjoy a pool-sized backyard replete with a built in BBQ, bench seating and a grassy area perfect for play or gardening. Lang Ranch is known for its amazing elementary which is the only primary school in the Conejo Valley Unified School District to carry a 10 rating by GreatSchools.com. This neighborhood also feeds into Westlake High which carries a 10 rating for test scores and college readiness and features quality athletics and performing arts. Eagleridge offers a peaceful lifestyle with community pools and play areas and is conveniently located to Gelsons Market, a multitude of restaurants, coffee shops and just over the hill from Westlake Village. This rare opportunity can only have one lucky buyer. Will it be you?
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| Aug 15, 2023 | No longer available | - | |
| No longer available | |||
| May 6, 2023 | Price Decreased |
$1,175,000
↓ $100K
(7.8%) | |
| Price Decreased | |||
| Mar 28, 2023 | Listed by Rodeo Realty | $1,275,000 | |
| Listed by Rodeo Realty | |||
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HUGE PRICE ADJUSTMENT! Sellers motivated!! Eager to see offers! Welcome to this gorgeous 3BR + office, fully remodeled residence located in highly sought after gated Eagle Ridge. Enter and be immediately engulfed in abundant natural light filling the open floorpan from dramatic ceilings to new custom stained barrel distressed hardwood floors, illuminating the freshly painted interior. Notice Restoration Hardware lighting as you stroll into the updated kitchen highlighted by drop down iron pendant lights, new designer quartz backsplash, classy cabinet hardware, and new butcher block wood island. Relax in your spacious family room in front of your magical glass fireplace. Entertain guests in your dining room, overlooking the very private backyard which includes a spacious patio, built-in BBQ and a cozy fire pit with circular bench seating. Return inside, dim the recessed lighting throughout, and head upstairs to your oversized primary suite with stunning cathedral ceilings and breath-taking mountain views, and two roomy secondary bedrooms all featuring new neutral quality carpet and modern ceiling fans, new window treatments PLUS a large open airy office/game room/hang-out area with built-in cabinets. The primary s primary suite with stunning cathedral ceilings and breath-taking mountain views, and two roomy secondary bedrooms all featuring new neutral quality carpet and modern ceiling fans, new window treatments PLUS a large open airy office/game room/hang-out area with built-in cabinets. The primary suite includes large bathroom with double sinks, oversized soaking tub with shower and separate private toilet room. From a functional standpoint, enjoy the large laundry room, attached 2-car garage and new A/C & furnace. On the weekends, spend your downtime at the association pool/spa, the playground, and nearby community park and hiking trails. The blend of feeling of being away from the hustle and bustle of everyday life, yet so close to award winning schools, easy access to 101 & 23 freeways, the Oaks Mall, Civic Arts Plaza, Westlake Promenade, and the best of everything Westlake has to offer, be prepared to fall in love and give yourself ll and more you deserve! Note: Some photos virtually staged The manager has listed the unit size as 1806 square feet.
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About Thousand Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017