41
Map
1012 Wallace
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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 |
|---|---|---|---|
| May 12, 2026 | Listed by The Beverly Hills Estates | $38,000,000 | |
| Listed by The Beverly Hills Estates | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
| Sep 30, 2024 | Listed | $38,000,000 | |
| Listed | |||
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Iconic Trousdale mid-century modern estate designed by the legendary A. Quincy Jones, FAIA. Set on a nearly 1-acre flat lot, on one of the top 3 best promontory lots in Trousdale, with sweeping unobstructed city to ocean views and one of the biggest flat grassy lawns in Trousdale. Soaring ceilings, a floor plan that is perfect for entertaining, and one of the best views in Trousdale. Secured, private, and a very peaceful setting. Trousdale has a rare few gems, and an architectural marvel like this comes up once in a lifetime. Here is your chance to own a piece of history in the number one location in all of Los Angeles.
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Property Highlights
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Price/ft²
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About Beverly Hills
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Currently no similar homes aroundNearby Rentals
$9,000 /mo
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$7,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017