312 E RUSTIC Road
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.
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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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | In contract | - | |
| In contract | |||
| Oct 8, 2024 | Relisted | $6,700,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Sep 6, 2024 | Listed by Compass | $6,700,000 | |
| Listed by Compass | |||
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From the ground up new constructions. Built by Fountainhead Homes with modern canyon buyers in mind, this house is a winner. When entering the house, one is immediately drawn into the open loft-like space with the stunning kitchen as the focal point. The indoor space merges into the expansive grassy yard and trellised patio with fireplace and outdoor kitchen. To the right of the front door is a cozy library/office space, a place to contemplate. The upper level includes the luxurious primary suite and large balcony, built-ins, and a vaulted wooden paneled ceiling. The main bedroom also includes a large walk-in-closet with island, as well as a romantic bathroom including a freestanding tub and steam shower. There are three additional secondary bedrooms with perfectly placed windows capturing the canyon vistas and California natural light. A fifth bedroom suite is on the ground floor. This house offers all of the elements one would expect but isn't always accustomed to being available in a "Canyon House" under $7 million. Some of these include but are not limited to: new construction, a large flat back yard with plenty of room for a pool, four individually zoned air conditioning units, a two car garage attached to the house, a full security system, a straight forward intuitive floor plan with attention to light and views plus an oversized laundry room with a skylight. Hurry, there is only one of these!
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Property Highlights
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Price/ft²
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017