3322 Wedgewood Lane
About This Property
This home boasts an exquisite blend of modern sophistication and timeless charm. The grand foyer welcomes you with soaring ceilings, a stunning chandelier, and a sweeping staircase that sets the tone for the rest of the house. With multiple living spaces, including a formal living room, a cozy family room with a fireplace, and a sunlit conservatory, there is plenty of room for both entertaining and relaxation.
The state-of-the-art kitchen is a chef's delight, featuring top-of-the-line appliances, custom cabinetry, a large center island, and a walk-in pantry. The adjacent breakfast nook offers serene views of the beautifully landscaped backyard. The expansive master suite is a private oasis, complete with a spa-like ensuite bathroom, dual walk-in closets, and a private balcony that offers landscapes of the hills. Four additional spacious bedrooms, each with its own unique charm, provide ample space for family and guests. The home includes multiple well-appointed bathrooms, ensuring comfort and convenience for all.
A dedicated home office and a quiet study provide the perfect spaces for productivity and creativity, ideal for remote work or study sessions. The home features a family-media room, a walk-in wine cellar, and a bar, making it the ultimate entertainment haven for hosting movie nights and gatherings. Step outside to your own private paradise. The meticulously landscaped backyard is beautiful landscaped, and comes equipped with a built-in barbecue area – perfect for outdoor dining and entertaining.
Nestled in the exclusive Burbank Hills guard-gated community, this home offers unparalleled privacy and security. Well maintained tennis courts are just a brief jaunt down the street. Enjoy the convenience of nearby parks, top-rated schools, shopping, dining, and easy access to major freeways. This home is not just a place to live; it's a lifestyle. Whether you're hosting elegant soirees, enjoying family time, or finding your own peaceful retreat, this property offers the perfect balance of luxury and comfort.
Don't miss this once-in-a-lifetime opportunity to own a stunning residence in Burbank Hills. Schedule a private tour!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 21, 2025 | Sold | ||
| Sold | |||
| Jan 22, 2025 | In contract | - | |
| In contract | |||
| Jan 22, 2025 | Price Decreased |
$3,275,000
↓ $200K
(5.8%) | |
| Price Decreased | |||
| Oct 8, 2024 | Relisted | $3,475,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017