201 N Palm 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 |
|---|---|---|---|
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Carolwood Estates | $6,150,000 | |
| Listed by Carolwood Estates | |||
| Jun 26, 2025 | Listed | $5,995,000 | |
| Listed | |||
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Located on iconic Palm Drive, this stately, custom-built residence captures the essence of Beverly Hills living. Set on a prized southwest corner, the home is bathed in natural light and framed by soaring palm trees that define the neighborhood's timeless elegance. A grand front balcony offers views over the tree-lined street. While inside, exceptional ceiling heights create a sense of volume and grandeur throughout. The layout is ideal for entertaining, featuring a dramatic ballroom, expansive living areas, and a dedicated office on the main level. The primary suite faces the street and includes a sliding door for indoor-outdoor flow, along with dual walk-in closets. All bedrooms offer generous closet space, and there is ample built-in storage thoughtfully placed throughout the home. The kitchen and bedrooms are generously proportioned, offering the rare combination of size and scale in this location. An elevator serves all floors, including a bright and versatile basement level with two bedrooms, its own entrance that doubles as a service entrance, large living room, and private sauna perfect for guests, wellness, or long-term stays. The backyard features both hardscaping and grassy areas, ideal for entertaining and relaxation. A truly rare offering with space, elegance, and location all in one. Square footage is an approximation; buyer to conduct their own investigations. Public records reflect 4,522 SF for first and second floors.
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017