**Huge Price Improvement**Over $300k in Recent Upgrades Including a
Tesla Solar System, Fully Renovated Chef's Kitchen and
Extraordinary Remodeled Primary Bathroom to Name a Few** Welcome to
an exceptional residence in the highly sought-after guard-gated
community of Northpark, ideally positioned on a quiet cul-de-sac
with a desirable greenbelt setting and no neighbors directly
behind. Beautifully maintained and thoughtfully upgraded, this
impressive home combines timeless style, modern finishes, and an
incredibly versatile floor plan designed for both everyday living
and entertaining. Step inside to discover an inviting interior
highlighted by travertine flooring, plantation shutters, custom
window treatments, designer finishes, and abundant natural light.
Elegant formal living and dining spaces provide the perfect setting
for entertaining, while the spacious family room offers a
comfortable gathering place overlooking the backyard. At the heart
of the home is the spectacular fully renovated chef-inspired
kitchen featuring expansive waterfall quartz countertops, crisp
white Shaker cabinetry, stainless steel appliances, double ovens,
generous center island, and exceptional storage with both walk-in
and butler's pantries. The open layout flows effortlessly into the
casual dining area and outdoor living spaces. Upstairs, the
luxurious primary suite provides a peaceful retreat and features a
beautifully remodeled spa-inspired bathroom with dual vanities,
quartz countertops, illuminated mirrors, freestanding soaking tub,
oversized walk-in shower with designer finishes, and a spacious
walk-in closet. Secondary bedrooms are generously sized and
complemented by an upgraded hall bathroom with dual sinks and a
remodeled shower. The flexible fourth-bedroom option is currently
configured as a spacious office/media/bonus room and can be
converted to a large fourth bedroom consistent with the builder's
original floor plan option. The private backyard completes this
exceptional property with mature landscaping, a built-in BBQ,
tranquil water feature, fire pit, and covered dining and
entertaining area-creating an inviting Southern California outdoor
retreat.
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.
Lot Features: Back Yard, Cul-De-Sac, Front Yard, Greenbelt, Landscaped, DripIrrigationBubblers, NearPark, SprinklersTimer, SprinklersOnSide, SprinklerSystem
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