2023 Palos Verdes
About This Property
The main house offers 4,312 sq ft of luxurious living space, including 5 bedrooms, 4.5 baths, an office, a media room, a game room, and an open-concept living area. Enjoy the covered patio, outdoor kitchen, and a 3-car garage with exquisite luxury finishes.
The separate guest house, spanning 1,360 sq ft, includes 2 bedrooms, 1 bath, a kitchenette, an office, and a covered patio. It is also equipped with connections for a washer, dryer, and refrigerator.
The area between the main house and guest house is prepped and plumbed for a pool, while the expansive yard behind the guest house is ideal for a putting green, tennis court, basketball court, or organic garden. Experience unparalleled luxury and versatility in this exceptional property.
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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 |
|---|---|---|---|
| Nov 20, 2024 | Price Decreased |
$2,175,000
↓ $25K
(1.1%) | |
| Price Decreased | |||
| Aug 22, 2024 | Listed by Kuper Sotheby's Int'l Realty | $2,200,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017