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7473 Breckenridge Drive
About This Property
unparalleled California living. This home offers over 4200 sf living area, 4/5 bedrooms, office, 4.5 baths and an additional 800+, completely self-contained custom Casita and 3 fireplaces. This home is located on 2.25 acres quiet a cul-de-sac and sits atop a knoll for 180 degree valley/city view. A spacious courtyard with Tuscany stone and brick walkways that lead to an Iron Gate entry with 6 ft. privacy wall, all highlighted by water and fire features, special lighting and specimen quality landscape design including Olive trees, Canary, Sego and date palms. This home was selected to be on the Riverside Panhellenic Home tour due to its custom designer upgrades including: stunning walnut flooring, gourmet kitchen/family room with solid birch custom finished cabinetry, Venetian plaster finish with faux stone/brick work, a spacious family room with open beams and distress wood fireplace mantle. No expense was spared in the construction and design of this home; from the scrumptious Master suit with dual walk-in closets and bath area gentleman's library/office to the backyard that was designed for outdoor living with TV, built in BBQ, heaters, sports court salt water pool, decorative urns with irrigation and Multi sports court, RV and with putting green for family fun! The list of amenities are too numerous to list.
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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 |
|---|---|---|---|
| May 31, 2019 | Sold | ||
| Sold | |||
| Feb 11, 2019 | Listed by WINDERMERE R.E. TOWER PROP. | $1,485,000 | |
| Listed by WINDERMERE R.E. TOWER PROP. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017