4031 Meadow Lark Drive
About This Property
leading out to the backyard patio, where you can enjoy al fresco dining on warm summer evenings. Upstairs are four spacious bedrooms, each with a large closet and the primary bedroom having 2 closets. Special custom details, including fun reading nooks or places for quiet time for kids add to the uniqueness of this home. Also upstairs is a finished attic/bonus room offering flexible space ideal for a kids' game room, home office, gym, or creative studio. Downstairs, there is a 5th bedroom and a bathroom right off the large laundry and mud room, perfect for guests, in-laws, or a live-in nanny. Step outside to your private backyard oasis. Whether you want to take a dip in the sparkling pool and jacuzzi spa, sit in the beautiful garden reading your favorite book, or play hoops, this magical yard is ideal for relaxing and entertaining. Additional highlights include a brand new roof with 10 year warranty, multiple areas for storage, area for sport court, a three-car garage with drive through double garage door for access to the backyard for RV or boat storage, central vacuum, an all-house fan, and dual-zoned air conditioning. All situated in a prime Calabasas location in close proximity to top-rated schools, parks, hiking trails, and the Calabasas Commons. Don't miss this rare opportunity in a highly sought after community!
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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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Relisted | $1,799,000 | |
| Relisted | |||
| Jun 4, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Listed by Coldwell Banker Realty | $1,799,000 | |
| Listed by Coldwell Banker Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017