587 Fenwick Way #B
About This Property
Upon entry, you are greeted by elegant wood flooring, abundant natural light, and a seamless flow throughout, creating an inviting atmosphere. The brand-new chef-inspired kitchen is the heart of the home, featuring pristine quartz countertops, sleek gold hardware, and state-of-the-art finishes that elevate both form and function.
Designed for both relaxed living and effortless entertaining, the open-concept layout seamlessly connects the interior to the expansive private backyard - ideal for hosting gatherings or unwinding in tranquility. LED recessed lighting throughout adds a contemporary touch, ensuring the home is well-lit and energy-efficient.
The generously sized primary suite serves as a sanctuary, boasting an elegant en-suite bathroom with a freestanding soaking tub, a separate walk-in shower, and an oversized walk-in closet. Each secondary bedroom is thoughtfully appointed with mirrored closet doors, contemporary ceiling fans, and LED lighting to enhance the atmosphere. The remodeled bathrooms include one with a striking walk-in rain shower.
Modern conveniences such as a newly installed Nest smart thermostat, an EV charging port, a finished 2-car garage with built-in cabinetry and finished ceilings, and an Aquasana Water Filtration System enhance the home by providing cleaner, healthier water.
The home is part of a meticulously maintained gated community, where residents enjoy HOA-maintained amenities include beautifully landscaped common areas, well-maintained grass lawns, a refreshing pool, relaxing hot tub, complete with restrooms and outdoor showers for convenience. The property's prime location offers unparalleled walkability to Wood Ranch Elementary School and Wood Ranch Park, with easy access to scenic hiking and biking trailheads. Just moments away, the prestigious Wood Ranch Country Club awaits for those seeking refined recreation.
This turnkey residence offers a rare opportunity for elevated living in one of the area's most desirable neighborhoods - a true sanctuary of comfort, convenience, and style.
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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%.
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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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
| May 13, 2025 | Listed by Keller Williams Coastal Proper | $774,999 | |
| Listed by Keller Williams Coastal Proper | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/13/2025
|
3 Bed
|
2 Bath
|
1507 ft²
|
$774,999
3 Bed
2 Bath
1507 ft²
|
$774,999
07/02/2025
|
RICHARD SARABIA
RE/MAX INNOVATIONS
| |
|
05/18/2022
|
3 Bed
|
2 Bath
|
1833 ft²
|
$769,000
3 Bed
2 Bath
1833 ft²
|
$800,000
+4.03%
06/27/2022
|
Carmen Mormino
Engel & Volkers Westlake Village
| |
|
09/02/2021
|
3 Bed
|
3 Bath
|
1672 ft²
|
$650,000
3 Bed
3 Bath
1672 ft²
|
$705,000
+8.46%
02/14/2022
|
Deborah Gates
Pinnacle Estate Properties, Inc.
| |
|
02/10/2017
|
3 Bed
|
2 Bath
|
1833 ft²
|
$509,950
3 Bed
2 Bath
1833 ft²
|
$509,000
-0.19%
05/01/2017
|
Amy Gandel
Pinnacle Estate Properties
|
Building Info
About Simi Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017