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4427 Reseda Way
About This Property
The estate atmosphere begins upon entry along a lovely paver drive. Decorative windows flank the grand two story entry with a dramatic barrel tiled roofline, meticulous and lush landscaping and 4 car garage completing the courtyard appearance.
Enter the foyer through expansive lead glass double doors. The dramatic entry boasts a mosaic tile medallion, decorative faux finished ceiling and niche. Move into the formal living room and take in the triple stepped
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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 6, 2025 | Sold | ||
| Sold | |||
| Dec 11, 2024 | In contract | - | |
| In contract | |||
| Dec 7, 2024 | Listed by EXP Realty, LLC | $1,350,000 | |
| Listed by EXP Realty, LLC | |||
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Discover the epitome of elegance and seclusion at 4427 Reseda Way, located in the highly sought-after Summer Lakes community. This stunning 4-bedroom, 4-bathroom home spans 4,171 square feet and is set on an expansive .9-acre lot, offering a private retreat surrounded by manicured trees and serene pond views.
Step into your own backyard oasis featuring an oversized patio area & sparkling pool, perfect for relaxation or entertaining. The vast, secluded yard provides ample space for outdoor activities while ensuring tranquility and privacy.
Designed with both functionality and luxury in mind, this home comes equipped with a generator, custom hurricane shutters with tarps for easy storm preparation, and a cutting-edge security surveillance system for ultimate peace of mind. The 4-car garage is ideal for car enthusiasts or those seeking additional storage.
Located in one of the area's most desirable neighborhoods, this home blends sophistication, comfort, and security.
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| Mar 20, 2017 | Sold | ||
| Sold | |||
| May 2, 2015 | Listed by Ellingson Properties | $1,149,900 | |
| Listed by Ellingson Properties | |||
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About Summer Lakes
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017