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1736 Michael Lane
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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%.
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 |
|---|---|---|---|
| Aug 28, 2026 | Listed by Compass | $2,598,000 | |
| Listed by Compass | |||
| Sep 9, 2020 | Sold | ||
| Sold | |||
| Aug 7, 2020 | Listed by Berkshire Hathaway HomeServices California | $2,295,000 | |
| Listed by Berkshire Hathaway HomeServices California | |||
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Sparkling updated beauty in serene Highlands location, surrounded by greenery & nature, w/outstanding airy light-filled floor-plan. Remodeled gem offers 5 spacious bedrooms, 2 family rooms, formal DR, living room, & attractive cooks kitchen. All rooms where they should be featuring family room adjacent to kitchen opening to inviting backyard; home office/5th bedroom down; & 4 bedrooms plus 2nd family room up. The upstairs FR opens to 2 family bedrooms providing appealing "kids wing" w/great space for home studies or play. Updated kitchen, bathrooms, lighting, & systems, & new carpet/paint. Natural light flows through skylight, floor to ceiling glass doors, many windows, & is enhanced by 2-story ceilings in living room. Location offers easy access to pristine parkland, trails, & membership at Herradura Rec Center w/2 tennis courts, pool, spa, clubhouse & use of popular Highlands gated dog park. Back yard offers garden, play areas, & dining options. Welcome to comfort + tranquility!
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017