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1200 Mulberry
About This Property
Experience an exceptional combination of privacy, luxury, and breathtaking panoramic views in every direction from this beautifully remodeled Spanish-style gated estate, ideally situated at the top of a hill on just over 39,000 square feet of land.
A striking iron double-door entry welcomes you into this distinctive Spanish-style residence, beautifully remodeled throughout with all-new windows, new appliances, updated systems, and a luxurious steam shower. The thoughtful upgrades create a fresh, modern, move-in-ready home while preserving its timeless architectural character and charm.
Step outside to your own private resort-style retreat, complete with a swimming pool, generous outdoor living space, and spectacular panoramic views surrounding the property. The hilltop location provides an incredible sense of openness, privacy, and scenery-an exceptional setting for entertaining, relaxing, and enjoying the Southern California lifestyle.
With its combination of a private gated entrance, Spanish-style architecture, commanding hilltop setting, panoramic views in every direction, beautiful renovations, iron double-door entry, steam shower, all-new windows, appliances and updated systems, over 39,000 square feet of land, and a private pool, this distinctive property offers a rare opportunity to enjoy space, privacy, character, views, and modern luxury in one exceptional setting.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$1,699,000
↓ $90K
(5%) | |
| Price Decreased | |||
| Aug 10, 2026 | Listed by Real Estate Source Inc. | $1,789,000 | |
| Listed by Real Estate Source Inc. | |||
| Mar 14, 2025 | Sold | ||
| Sold | |||
| Feb 13, 2025 | Listed by Compass | $893,000 | |
| Listed by Compass | |||
| | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017