5718 Stonecrest Drive
About This Property
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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%.
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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 |
|---|---|---|---|
| Nov 7, 2024 | Sold | ||
| Sold | |||
| Oct 19, 2024 | In contract | - | |
| In contract | |||
| Oct 13, 2024 | Listed by Rodeo Realty | $1,579,000 | |
| Listed by Rodeo Realty | |||
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Welcome to 5718 Stonecrest Drive, a captivating property nestled in the heart of Agoura Hills, California. This home exudes charm and character with its original vintage style that presents an exciting opportunity for you to add your personal touch! Spanning over a generous 3,359 square feet, this residence is situated on a 9,704 square foot lot with pool and spa. The open floor plan effortlessly connects each room, creating a harmonious flow throughout the space. The first level features a delightful bedroom with direct access to the pool area - an ideal setting for relaxation or entertaining guests. As we move upstairs, you'll discover four additional bedrooms offering ample space and potential for customization according to your needs.One of the standout features of this home is undeniably its 'great bones.' It's well-constructed and solidly built, providing a sturdy foundation for any future renovations or improvements you may wish to undertake.This property's potential extends beyond its interior; it offers many possibilities waiting to be explored by those with vision and creativity. Whether you're looking to create your dream home or seeking an investment opportunity - this could be the perfect match for your aspirations! Enjoy an array of amenities that complement the appeal of this property. From scenic hiking trails and parks for outdoor enthusiasts, renowned local schools for educational pursuits, to shopping centers and restaurants catering to everyday convenience and fine dining experiences - all these are within easy reach from this location. 5718 Stonecrest Drive offers a combination of character-filled interiors, great structural integrity, versatile floor plan, and location in a vibrant community - the potential is limitless. Don't miss this wonderful opportunity in highly sought after Morrison Ranch!
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About Morrison Ranch
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$4,995 /mo
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$7,900 /mo
- 3 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017