40271 Crestridge
About This Property
Welcome to 40271 Crestridge Way - an exceptional West Palmdale home perfectly situated on a quiet cul-de-sac in one of the area's most sought-after neighborhoods! Featuring 5 spacious bedrooms and 3 full bathrooms, this home offers the ideal blend of comfort, style, and convenience.
Step inside to discover brand-new carpet, laminate wood flooring, and a bright, open floor plan designed for everyday living and entertaining. The upgraded kitchen showcases granite countertops, stainless steel appliances, bar seating, and a large walk-in butler's pantry with ample storage. The family room is warm and inviting, featuring a tiled fireplace and offering views of the backyard.
Enjoy a convenient downstairs bedroom and full bath, along with a laundry room featuring a utility sink and direct access to the three-car garage. Upstairs, the primary suite offers a huge walk-in closet and a luxurious en-suite bathroom, complete with dual sinks, separate vanity mirrors, a soaking tub, a custom-tiled walk-in shower, and a private toilet area. The additional three upstairs bedrooms are generously sized - one with laminate flooring and two with new carpet - plus an additional full bath with dual sinks and a separate toilet/shower area.
Step outside to your private backyard oasis, featuring a covered patio with three ceiling fans and block wall fencing. The patio cover is structurally built to support a future balcony, adding even more potential to this amazing property. The under-stair closet has been creatively transformed into a charming ''She Shed'' craft space - a unique bonus!
Located just minutes from Rancho Vista Golf Course, top-rated schools, and major shopping centers, this home combines peaceful suburban living with unmatched convenience.
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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 |
|---|---|---|---|
| Jan 13, 2026 | Sold | ||
| Sold | |||
| Dec 5, 2025 | In contract | - | |
| In contract | |||
| Dec 2, 2025 | Price Increased |
$675,000
↑ $35K
(5.5%) | |
| Price Increased | |||
| Nov 20, 2025 | Price Decreased |
$640,000
↓ $9K
(1.4%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by Re/Max All-Pro | $649,000 | |
| Listed by Re/Max All-Pro | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017