309 E Rustic Road
About This Property
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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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 20, 2024 | No longer available | - | |
| No longer available | |||
| Oct 17, 2024 | Listed by Douglas Elliman of California, Inc. | $6,750,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Sep 8, 2021 | Listed by The Agency | $7,995,000 | |
| Listed by The Agency | |||
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Situated in the coveted Santa Monica Canyon, this architectural gem fuses luxury and sophistication with tranquil living. Lush landscaping and rich waterfalls surround the entrance of this private property. This multi-level, light filled smart home has 4 bedrooms, 4.5 bathrooms, and a state-of-the-art rooftop deck with a full outdoor kitchen, fire pit, and views of the ocean. On the first level, you will find a two-car garage, one en-suite guest bedroom and a meticulously crafted exercise room. On the second level, you will find a stunning gourmet kitchen with prep area equipped with high end appliances and Onyx back-lit countertops that all open up to a large family room with a fireplace, dumbwaiter, and exotic bamboo wood encompassing the entire second floor ceiling. The family room also has floor to ceiling doors that open up to a large deck with, sitting area and custom hammock.
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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