421 S WETHERLY 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.
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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 |
|---|---|---|---|
| May 30, 2022 | No longer available | - | |
| No longer available | |||
| May 13, 2022 | Listed by Pinnacle Real Estate Group | $3,588,000 | |
| Listed by Pinnacle Real Estate Group | |||
| | |||
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South of Wilshire in great Beverly Hills location!FULLY remodeled 2 story 3200+ square foot Spanish with 5 bedrooms and 5 bathrooms including the detached guest house. The first level has 2 bedrooms & 2 baths, a spacious living room with a fireplace, and dining room. The second floor has an additional 2 bedrooms, 2 bathrooms and a laundry area. Great space in the kitchen with an adjacent breakfast room. The home is equipped with recessed lighting and a nest system for heating and cooling. The guest house is complete with a living area, full bathroom and plumbing for a small kitchenette with separate access from the back alley way, great for extended family stay or potential income unit. The manager has listed the unit size as 3245 square feet.
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| Aug 11, 2020 | Sold | ||
| Sold | |||
| Jul 8, 2020 | Listed by Douglas Elliman of California, Inc. | $2,589,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| Oct 29, 2018 | Sold | ||
| Sold | |||
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017