7034 Estepa Drive
About This Property
This home, nestled on two generous parcels totaling nearly 20,000 square feet, offers an open-concept floor plan perfect for entertaining. The dual fireplace creates a cozy ambiance in the living and dining area, while the gourmet kitchen, complete with granite countertops and sleek white cabinetry, is a chef's dream. The dining room opens onto a picturesque wood-covered patio, offering panoramic mountain vistas. Three spacious bedrooms, including a master suite with an updated bathroom, provide ample space for relaxation.
The backyard is an entertainer's paradise, featuring a sprawling deck with awe-inspiring views of the San Fernando Valley and unforgettable sunsets. A serene walking bridge leads to where you can truly appreciate the 360-degree panorama of the Verdugo and San Gabriel Mountains. Enjoy year-round comfort with central air and forced air heat, complemented by elegant laminate wood flooring throughout.
Don't miss this opportunity. Experience the ultimate in luxury and tranquility.
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | Price Increased |
$1,300,000
↑ $100K
(8.3%) | |
| Price Increased | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Listed by BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate | $1,200,000 | |
| Listed by BERKSHIRE HATHAWAY HOMESERVICES Crest Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017