429 Skyforest Dr.
About This Property
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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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Jan 7, 2025 | Price Decreased |
$635,000
↓ $15K
(2.3%) | |
| Price Decreased | |||
| Nov 14, 2024 | Listed by Phyllis Browning Company | $650,000 | |
| Listed by Phyllis Browning Company | |||
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Welcome to 429 Skyforest Dr., an exquisitely updated property in the sought-after neighborhood of Hollywood Park, where modern luxury seamlessly merges with timeless elegance. This meticulously remodeled 3-bedroom, 2-bathroom home, complete with a spacious 2-car attached garage that conveniently includes a dedicated laundry area, sits on a generous 0.37-acre lot. Designed for both comfort and sophistication, the home offers expansive indoor and outdoor spaces crafted for both relaxed living and upscale entertaining. With every feature thoughtfully incorporated, this property provides a seamless blend of style and functionality. From the moment you enter, this home greets you with an atmosphere of warmth and openness. The living room, flooded with natural light, creates an inviting setting that transitions seamlessly into a breakfast and dining area. This open-flow design is perfect for daily living and entertaining alike, making it easy to host intimate family gatherings or larger social events. The flow continues into the formal family room-a sophisticated space that combines style with function. Here, a beautifully crafted rock gas fireplace takes center stage, lending a sense of warmth and charm that makes this room ideal for both festive gatherings and quiet evenings at home. The kitchen is a true masterpiece, catering to the needs of both everyday cooking and entertaining. Outfitted with a high-end Cafe brand gas stove, complete with double ovens and a pot filler, it offers the precision and convenience expected in a chef's kitchen. The inclusion of a wine fridge, quartz countertops, and custom cabinetry adds a layer of luxury, making the kitchen not only functional but also a pleasure to use. The centerpiece is an oversized island illuminated by modern pendant lighting, creating a perfect space for guests to gather, enjoy casual meals, or share in the cooking experience. Retreat to the primary suite, a serene escape designed with comfort and privacy in mind. The spacious bedroom leads to an elegant ensuite bathroom where luxury and functionality meet. Featuring a sleek, glass-enclosed shower and a finely crafted single vanity, this bathroom exudes a spa-like quality that transforms daily routines into moments of indulgence. Every detail here has been thoughtfully chosen to enhance the homeowner's experience, from the quality of materials to the refined design. Step outside to discover a backyard oasis that offers everything needed for leisure, play, and outdoor entertaining. A sparkling pool provides a refreshing retreat on warm days, while the low-maintenance turfed lawn ensures beauty and ease of upkeep. A custom putting green adds an element of fun and sophistication, inviting hours of enjoyment without ever leaving home. Mature trees offer both shade and privacy, creating a serene environment that feels like a private retreat, yet is perfect for entertaining family and friends year-round. 429 Skyforest Dr. is more than a beautifully updated property-it represents a lifestyle centered on comfort, elegance, and thoughtful design. Every aspect of this home has been carefully curated to provide the best of both form and function. Located in the desirable Hollywood Park area, known for its community charm and proximity to amenities, this property is truly a gem for those seeking a balanced blend of luxury and practicality. With refined updates, versatile spaces, and premium amenities throughout, this Hollywood Park home is an exceptional opportunity for those looking to elevate their living experience. Don't miss the chance to make 429 Skyforest Dr. your own-where luxury meets lifestyle, and every day feels like a retreat.
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| Jan 5, 2012 | Sold | ||
| Sold | |||
| Jul 14, 2011 | Listed by Keller Williams Legacy | $199,900 | |
| Listed by Keller Williams Legacy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017