515 N HILLCREST Road
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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 |
|---|---|---|---|
| Dec 18, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2025 | In contract | - | |
| In contract | |||
| Sep 22, 2025 | Relisted | $12,000,000 | |
| Relisted | |||
| Sep 4, 2025 | In contract | - | |
| In contract | |||
| Aug 3, 2025 | Listed by Keller Williams Beverly Hills | $10,999,999 | |
| Listed by Keller Williams Beverly Hills | |||
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Nestled in the heart of the iconic Beverly Hills Flats, this exquisite estate blends timeless Mediterranean charm with modern luxury & thoughtful design. Completely remodeled from the studs between 2020-22, no detail has been overlooked in the meticulous renovation of this incredible home. Step inside to discover a bright, open floor plan flooded with natural light, showcasing impeccable craftsmanship & designer finishes throughout. The downstairs spacious layout includes an ensuite bedroom, powder room, temperature controlled wine closet, enclosed formal dining room which could be an additional bedroom or office, formal living & family rooms, and a seamless indoor outdoor flow. The spacious chef's kitchen, outfitted with premium appliances and new countertops flows seamlessly into the living room and out to the entertainer's backyard. Upstairs you'll find 4 bedrooms, all ensuite, with a curated design and charm. There is also a separate theatre room for movie nights at home. The primary suite is a true retreat, boasting a spacious walk-in closet & a spa-like bathroom with luxury fixtures and finishes. A newly built ADU, complete with a full bathroom, offers incredible flexibility. Currently used as a gym with a sauna, it's ideal for guests, a live-in nanny, or a private office space. The expansive backyard has been masterfully designed to feel both private and grand, with a sparkling pool, full basketball court, and a covered patio equipped with a built-in TV perfect for al fresco dining and year-round entertaining. It truly makes the lot feel enormous. Just moments from world-renowned Rodeo Drive, this exceptional home provides unrivaled access to the best of Beverly Hills, including luxury shopping, fine dining, and cultural landmarks.With all major systems recently updated this is the rare blend of location privacy, & luxury, and your opportunity to own a fully remodeled, move-in-ready home in one of L.A.'s most prestigious neighborhoods. This is Beverly Hills living at its finest.
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017