1433 SUMMITRIDGE Drive
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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 |
|---|---|---|---|
| May 8, 2019 | Sold | ||
| Sold | |||
| Dec 13, 2018 | Listed by The Oppenheim Group | $2,498,000 | |
| Listed by The Oppenheim Group | |||
| Nov 24, 2018 | No longer available | - | |
| No longer available | |||
| Oct 25, 2018 | No longer available | - | |
| No longer available | |||
| Oct 23, 2018 | Listed | $2,799,999 | |
| Listed | |||
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Located 5 minutes from the Beverly Hills Hotel in the Warner Elementary school District, this newly renovated light filled home in lower BHPO offers expansive views from downtown BH to the Ocean. A street to street lot, the property boasts enough land to grow gardens, add a pool etc. Oversized windows, balconies & sliding doors throughout create an indoor-outdoor California vibe. 2 wood burning & 1 gas fireplace set the mood for cozy nights in. Wired for speakers & sound, this home is perfect for entertaining. First level offers living, kitchen, dining, the master suite & a 2nd suite w/private garden. Second level includes a large en-suite bedroom, media rm, addl. laundry+outdoor deck w/spa overlooking the canyon. The third level doubles as a maid's rm or home office complete w/bath & a storage unit. The home also offers, security system, Nest system, new Electrolux washer/dryer in the garage, interior sprinklers & a solar panel system that has been leased and paid for the next 16 yrs. The manager has listed the unit size as 3128 square feet.
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017