2175 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.
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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Jun 27, 2025 | Listed by The Beverly Hills Estates | $7,695,000 | |
| Listed by The Beverly Hills Estates | |||
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Best price per foot in Beverly Hills. Experience a life of impeccable style and supreme comfort at this expansive, move-in-ready estate designed for the modern entertainer, with a variety of terraces, lounging areas, and outdoor spaces that harmonize with the home's natural surround and dramatic vistas. It enjoys a unique position immediately neighboring celebrity-rich Beverly Park's 24-7 guard-gate, with its around-the-clock patrol, and overlooks the exclusive community's mansion-studded grounds. The home's organic cobblestone facade is complemented by bold, sharp lines, resulting in a fusion of classic and contemporary architecture. Enter the elegant foyer to discover a totally done layout with everything included. In the step-down living room, bursts of greenery appear through arched windows flanking the river-rock fireplace. Exposed beams overhead repeat into the formal dining room as a bank of French doors open to the outside. The gourmand's kitchen features an oversized island, farm and prep sinks, garden window, an abundance of cabinetry, beautiful stone backsplash, recipe desk, and chef-grade appliances including Wolf range with hood and pot filler. In the family room, floor-to-ceiling paned windows frame gorgeous rolling hills and mountains. Upstairs, the primary suite has its own private balcony plus lavish spa-inspired bath with jetted marble tub, separate oversized shower, and dual-sink vanity. A large walk-in closet has built-ins and dresser island. A wraparound terrace with fireplace can be accessed by primary and secondary bedrooms, perfect for evening conversation fireside. Other amenities include an elevator, large media/gaming room, massage area with steam room, wine cellar, and gated driveway leading to a massive eight-car garage, an auto enthusiast's dream! Facing breathtaking views, the rear grounds include an infinity pool and spa, baja shelf, multiple gathering and lounging patios, and outdoor dining room with barbecue for dining al-fresco. Ascend the Tuscan spire to the top-most-level and behold 360-degree vistas from the sprawling rooftop deck. Relish this fresh, private lifestyle just moments to Sunset Boulevard, The Beverly Hills Hotel, the fine dining and shopping of Beverly Hills, and all the Westside has to offer. Priced to sell.
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| May 30, 2025 | Listed | $8,495,000 | |
| Listed | |||
| | |||
|
Experience a life of impeccable style and supreme comfort at this expansive, move-in-ready estate designed for the modern entertainer, with a variety of terraces, lounging areas, and outdoor spaces that harmonize with the home's natural surround and dramatic vistas. It enjoys a unique position immediately neighboring celebrity-rich Beverly Park's 24-7 guard-gate, with its around-the-clock patrol, and overlooks the exclusive community's mansion-studded grounds. The home's organic cobblestone facade is complemented by bold, sharp lines, resulting in a fusion of classic and contemporary architecture. Enter the elegant foyer to discover a totally done layout with everything included. In the step-down living room, bursts of greenery appear through arched windows flanking the river-rock fireplace. Exposed beams overhead repeat into the formal dining room as a bank of French doors open to the outside. The gourmand's kitchen features an oversized island, farm and prep sinks, garden window, an abundance of cabinetry, beautiful stone backsplash, recipe desk, and chef-grade appliances including Wolf range with hood and pot filler. In the family room, floor-to-ceiling paned windows frame gorgeous rolling hills and mountains. Upstairs, the primary suite has its own private balcony plus lavish spa-inspired bath with jetted marble tub, separate oversized shower, and dual-sink vanity. A large walk-in closet has built-ins and dresser island. A wraparound terrace with fireplace can be accessed by primary and secondary bedrooms, perfect for evening conversation fireside. Other amenities include an elevator, large media/gaming room, massage area with steam room, wine cellar, and gated driveway leading to a massive finished ~2,172-square-foot eight-car garage, an auto enthusiast's dream! Facing breathtaking views, the rear grounds include an infinity pool and spa, baja shelf, multiple gathering and lounging patios, and outdoor dining room with barbecue for dining al-fresco. Ascend the Tuscan spire to the top-most-level and behold 360-degree vistas from the sprawling rooftop deck. Relish this fresh, private lifestyle just moments to Sunset Boulevard, The Beverly Hills Hotel, the fine dining and shopping of Beverly Hills, and all the Westside has to offer.
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| Jun 20, 2024 | No longer available | - | |
| No longer available | |||
| Jun 13, 2024 | Relisted | $9,500,000 | |
| Relisted | |||
Property Highlights
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About West Los Angeles
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017