2637 CRESTON Drive
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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%.
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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 |
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| May 18, 2022 | No longer available | - | |
| No longer available | |||
| Apr 26, 2022 | In contract | - | |
| In contract | |||
| Apr 7, 2022 | Listed by Compass | $1,895,000 | |
| Listed by Compass | |||
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Welcome home to an immaculate contemporary home extensively remodeled in 2022 with birds eye city and mountain views, perched above Beachwood Canyon. Upon entering, you will be awestruck by the open indoor/outdoor floorpan and views from the Hollywood Hills to the ocean. With walls of disappearing glass, this home epitomizes indoor/outdoor living at its best, and is the perfect place for both entertaining and relaxation. Cook to your heart's content in the gorgeous custom chef's kitchen, replete with the finest finishes and appliances: subzero refrigerator, Wolf induction cooktop, Bosch dishwasher and quartz countertops. Relax downstairs in your decadent oversized Master bedroom with en suite master bath and walk in closet. An additional guest suite awaits on the upper level, with en suite bath and open to the outdoor deck. The finished garage includes isolated walls, recessed lighting and new electrical wiring, making it usable as a gym, studio or den. Located in prime Hollywood Hills East, moments from the best shopping, dining, hiking trails and entertainment the city has to offer.
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| Nov 23, 2021 | No longer available | - | |
| No longer available | |||
| Aug 17, 2021 | Listed by Compass | $1,700,000 | |
| Listed by Compass | |||
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Stunning completely rebuilt Beachwood Canyon contemporary oasis with panoramic mountain and city views! Upon entering through the custom pivot door, you will be amazed by the open floorpan and floor to ceiling glass showcasing views as far as the Pacific Ocean. The indoor/outdoor flow and expansive deck is perfect for entertaining and relaxation. Cook to your heart's content in the gorgeous custom chef's kitchen, complete with subzero refrigerator, Wolf induction cooktop, and Bosch dishwasher. Downstairs you will find a decadent oversized Master bedroom with en suite master bath and walk in closet. An additional guest suite awaits on the upper level. The finished garage includes isolated walls, recessed lighting and new electrical wiring, making it usable as a gym or art studio. Located in prime Hollywood Hills East, with quick access to all Hollywood studios, Griffith Park hiking, the Hollywood Sign, Beachwood Canyon Village, Franklin Village, Los Feliz and the best shopping, dining and entertainment the city has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017