1077 N HILLCREST Road
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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.
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Apr 15, 2021 | In contract | - | |
| In contract | |||
| Mar 31, 2021 | Listed | $6,950,000 | |
| Listed | |||
| | |||
|
Unbelievable opportunity to build in one of the most exclusive neighborhoods in Los Angeles. A rare chance to create a spectacular West side masterpiece facing views of the city and the sea--the California dream. This trophy lot is currently vacant and in the heart of the world famous Trousdale Estates, making it the ideal canvas for the next owner or developer. Property will be delivered with approved plans and permits--so construction can begin quickly and efficiently. Perfect for any developer or end-user prepared to build a one-of-a-kind home on an expansive lot. Finished homes in the area have sales over $15M regularly. Exclusivity, elegance and privacy are key components of this lot. A distinct opportunity that will not last long. The current structure is under demolition and the photos of the home are renderings.
| |||
| Mar 18, 2019 | Sold | ||
| Sold | |||
| Jan 17, 2019 | Listed by Hilton & Hyland | $6,499,000 | |
| Listed by Hilton & Hyland | |||
Property Highlights
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017