5535 Jed Smith Road
About This Property
The rear of the home is equally captivating, featuring a sprawling brick patio that overlooks a beautifully landscaped hillside. This expansive outdoor space is perfect for entertaining, with large windows connecting you to the indoor living areas. A winding brick pathway leads to the upper portion of the property, where you'll discover an equestrian area complete with stalls, a barn, and paddocks. This fully fenced space is ideal for horse enthusiasts and offers easy access to surrounding trails.
Inside, the home boasts a harmonious blend of traditional and contemporary design elements. The entryway, adorned with decorative tiles, opens into a spacious living room characterized by high vaulted ceilings, exposed dark wooden beams, and a skylight that bathes the space in sunlight. The adjacent dining area, elevated by a few steps, shares this sense of openness, making it ideal for hosting gatherings.
The kitchen is a chef's delight, featuring a large island with cooktop burners, ample countertop space, and abundant cabinet storage. Warm red tiles on the floor and countertops add a cozy touch, while modern built-in appliances provide convenience.
The primary bedroom is a tranquil retreat with vaulted ceilings and ample windows that offer stunning views of the surrounding landscape. The en-suite bathroom is both stylish and functional, featuring a large walk-in shower, dual sinks, and a jetted tub. There are two bedrooms plus an office that could be converted to a third bedroom. This home offers not just a place to live, but a lifestyle. Located in the heart of Hidden Hills, you'll enjoy unparalleled privacy, breathtaking 360-degree mountain views, and close proximity to hiking trails and the vibrant Hidden Hills and Calabasas communities. Whether seeking a peaceful escape or an entertainer's paradise, 5535 Jed Smith Rd has it all.
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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 |
|---|---|---|---|
| Feb 7, 2025 | Sold | ||
| Sold | |||
| Jan 15, 2025 | In contract | - | |
| In contract | |||
| Dec 20, 2024 | Relisted | $3,800,000 | |
| Relisted | |||
| Nov 29, 2024 | In contract | - | |
| In contract | |||
| Oct 9, 2024 | Relisted | $3,800,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017