5709 Madrid Court
About This Property
Beautifully Rehabbed Home in Palmdale – Move-In Ready!
Welcome to 5709 Madrid Court, an exceptional home nestled in a quiet cul-de-sac in the heart of Palmdale. This stunning property has been completely rehabbed inside and out, offering a modern and fresh living experience for its new owners.
Spanning 1,904 square feet of living space, this home boasts 4 spacious bedrooms and 3 fully upgraded bathrooms, making it perfect for families of all sizes. The open-concept design features a bright and airy interior with brand-new finishes, updated flooring, and contemporary fixtures throughout.
Step outside to your newly landscaped backyard oasis, designed for relaxation and entertaining. The 6,864 square-foot lot provides ample space for gatherings, gardening, or simply unwinding under the California sun.
Additional highlights include:
Good curb appeal, with manicured landscaping and a welcoming entry.
Convenient location near public transportation and major shopping centers.
Situated on a peaceful cul-de-sac, offering privacy and minimal traffic.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Jan 4, 2025 | Listed by eXp Realty of California Inc | $524,777 | |
| Listed by eXp Realty of California Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017