11685 Picturesque Drive
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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 |
|---|---|---|---|
| Apr 10, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | Listed by Coldwell Banker Realty | $1,899,000 | |
| Listed by Coldwell Banker Realty | |||
| Jul 21, 2023 | No longer available | - | |
| No longer available | |||
| Jun 14, 2023 | In contract | - | |
| In contract | |||
| May 30, 2023 | Listed by Realty ONE Group West | $1,999,900 | |
| Listed by Realty ONE Group West | |||
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AMAZING OPPORTUNITY!!!VIEWS VIEWS VIEWS!!! Hillside gem with so much potential , located South of the Boulevard in the hills of a highly desirable neighborhood in Studio City nestled on a cul-de-sac. 3 level home features nearly 4000 square feet of living space, all bedrooms located on the 2nd floor, 2 of which are En-Suite each with terrace to step out to breathtaking unobstructed views of the entire San Fernando Valley. Conveniently located to some of the finest dining and shopping in Los Angeles, as well as all major studios and financial centers. Walking distance to the Award-winning Carpenter Charter School. The manager has listed the unit size as 4300 square feet.
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About South Valley
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$17,999 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017