33565 Pauba Road
About This Property
Perched atop nearly 5 acres, this exceptional property offers a spacious main house and a separate income-producing guest house. The main residence, spanning over 4,000sqft, boasts four ensuite bedrooms and two additional bathrooms. Designed for single-story living, the main living quarters, two guest bedrooms, and the primary suite are conveniently located on the first level. The primary bedroom features a luxurious, designer-inspired walk-in closet and floor-to-ceiling sliding doors that open to the stunning backyard and pool. The ensuite bath features heated floors, a large soaking tub, and an oversized walk-in shower. The second story offers a private guest suite with a stunning veranda, a spacious walk-in closet, and a spa-like bathroom. Enjoy breathtaking sunrises and watch the hot air balloons drift by from your own private balcony.
The chef's dream kitchen is a centerpiece of the home, featuring custom cabinets, a panel-ready refrigerator, and a large center island with a workshop sink and wine fridge. Open shelves and a custom hood complement the Wolf range and stone countertops. The kitchen also includes double Thermador ovens, bar seating, and provides stunning views of the mountains, backyard, and pool. Adjacent to the kitchen and family room, the dining area showcases luxury porcelain checker-tiled floors and French doors that open to the expansive backyard.
High ceilings, an open floor plan, skylights, and endless upgrades define this home. Enjoy new laminate flooring, a walk-in butler's pantry, a custom bar with a high-end cocktail ice maker, refrigerator, and sink, brand-new drought-tolerant landscaping, a new pool bath with a separate entrance, Restoration Hardware fixtures, fruit trees, 45 brand-new solar panels, new electric water heaters with instant hot water, LED lighting throughout, and Wi-Fi-controlled pool equipment.
The income-producing guest house has been recently remodeled to the highest standards, featuring custom cabinets, stone countertops, a large kitchen island, new appliances, flooring, and bathrooms. This additional living space is perfect for guests or as a rental property, providing an excellent source of extra income.
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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%.
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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.
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 |
|---|---|---|---|
| Sep 19, 2024 | Sold | ||
| Sold | |||
| Aug 13, 2024 | In contract | - | |
| In contract | |||
| Jun 17, 2024 | Listed by eXp Realty of California, Inc. | $2,375,000 | |
| Listed by eXp Realty of California, Inc. | |||
| Aug 18, 2022 | No longer available | - | |
| No longer available | |||
| Jul 12, 2022 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017