340 S Griffith Park 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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jan 13, 2021 | In contract | - | |
| In contract | |||
| Jan 3, 2021 | Listed | $1,999,000 | |
| Listed | |||
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Live the Burbank lifestyle at its finest in this custom-designed 2020 new construction! This stunning 4-bedroom, 3 ½-bathroom, 2,997 SF contemporary farmhouse home is situated on a 8,248 SF lot. Natural light + white walls provide a warm ambiance throughout. As you enter the home, notice the gorgeous hardwood flooring, spectacular glass-encased wine room & sizable dining room w/modern chandelier. Walk past the elegant staircase into the kitchen w/stainless steel Viking appliances, white cabinetry, white chevron tiled backsplash, farmhouse sink & an island w/Quartz waterfall-style countertops. The kitchen is open to the family room with a modern fireplace, built-in cabinetry & a Tri-folding door that provides a seamless indoor/outdoor experience leading to the patio & private backyard. This incredible outdoor space will delight those who enjoy entertaining with a fireplace, dining & lounging areas, built-in BBQ, bar, & a sparkling pool/spa. Retreat to the tranquil Master bedroom with a gas fireplace, glass sliding doors leading to a private deck overlooking the backyard, walk-in closet w/generous closet space & cabinetry & an en-suite bathroom that exudes relaxation with its soaking tub, separate shower w/built-in seat, rain shower head & a dual sink vanity. The other two upstairs bedrooms have en-suite bathrooms. Other home highlights include recessed lighting, trendy gold hardware, laundry room w/farmhouse sink & cabinetry, downstairs bedroom (or office) & a powder room. The manager has listed the unit size as 2893 square feet.
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| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jul 5, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017