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6718 Wynne
About This Property
If you've been searching for a home that offers flexibility, usable space, and future potential... this one deserves your attention. This well-designed home features 3 bedrooms and comfortable living spaces. Step inside and you'll immediately notice the open floor plan, natural light, recessed lighting and warm hardwood flooring that create an inviting atmosphere. The spacious living room, anchored by a cozy fireplace, flows seamlessly into the dining area, bonus great room and kitchen, making it ideal for both everyday living and entertaining.
The kitchen offers generous counter space, bright cabinetry, and stainless steel appliances, providing a functional layout for cooking, hosting, or simply gathering with family and friends. Rest easy knowing big ticket upgrades have been done including; 200 amp electrical panel, copper plumbing, newer HVAC, and a newer water heater. One of the standout features is the detached two-car garage with an attached bonus room, currently used as a music studio. This space offers excellent potential for a future ADU, home office, creative space, or guest suite (buyer to verify). The property is also privately gated with ample parking, accommodating multiple vehicles with ease. Step outside and enjoy a large backyard designed for California living, complete with a covered patio perfect for barbecues, relaxing evenings, and entertaining. Mature fruit trees add charm and a touch of homegrown living to the outdoor space. Located in a sought-after Reseda neighborhood close to shopping, dining, parks, and commuter routes, this home offers a rare combination of privacy, flexibility, and long-term potential. If you're looking for a move-in ready home with future income possibilities, this property checks all the boxes. Welcome home.
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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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 14, 2026 | Relisted | $789,000 | |
| Relisted | |||
| Jul 30, 2026 | In contract | - | |
| In contract | |||
| Jul 26, 2026 | Relisted | $789,000 | |
| Relisted | |||
Property Highlights
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017