1605 CARLA RIDGE
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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 |
|---|---|---|---|
| Mar 12, 2022 | No longer available | - | |
| No longer available | |||
| Jan 22, 2022 | In contract | - | |
| In contract | |||
| Dec 9, 2021 | Listed by Compass | $7,950,000 | |
| Listed by Compass | |||
| | |||
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A rare chance to develop an impeccable view estate in the highly coveted Trousdale Estates in Beverly Hills. With expansive views of the city, ocean, and canyon, the existing home is a mid-century gem with huge opportunity to develop a stunning over 13,000 square foot architectural home. Approved plans designed by renowned architects Woods + Dangaran. Amenities include an expansive primary suite with dual closets and wraparound views, a fully loaded wellness center, full gym, separate chef's kitchen, theater, pool, and generous indoor and outdoor entertaining spaces. RTI permits for the plans expire October 2022. The existing home can also be lived-in or remodeled. The manager has listed the unit size as 4085 square feet.
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| Sep 4, 2018 | Sold | ||
| Sold | |||
| Aug 1, 2018 | Listed by Coldwell Banker Residential Br | $6,499,000 | |
| Listed by Coldwell Banker Residential Br | |||
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017