516 Hanley Place
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 6, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Nov 7, 2025 | Listed by Douglas Elliman of California, Inc. | $3,495,000 | |
| Listed by Douglas Elliman of California, Inc. | |||
| | |||
|
Tucked at the end of a quiet cul-de-sac overlooking Brentwood, this private midcentury home blends timeless California design with modern updates and canyon views. Recently redone, the front exterior welcomes with olive and lemon trees, fresh landscaping, and updated brickwork, pillars, and fencing. Inside, wide-plank floors, exposed beams, and French doors fill the home with warmth and natural light. The bright living room flows into a step-down office/den. The formal dining room with large windows leads into the kitchen that features a marble backsplash, stainless steel appliances, butcher block and stone countertops, custom glass cabinetry, and a breakfast nook. The primary suite occupies its own private wing with custom built-ins, access to the expansive backyard, and an ensuite bath. Two additional bedrooms await, each with its own updated ensuite tile bath, and additional storage. Set on a very generous lot with multiple landscaped terraces and citrus and avocado trees, this property also includes a spacious two-car direct entry garage. Perched in the hills above Brentwood, this home combines privacy and connection close to shopping, popular Kenter Elementary, endless hiking and biking.
| |||
| Jul 29, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Palm Realty Boutique, Inc. | $2,750,000 | |
| Listed by Palm Realty Boutique, Inc. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About West Los Angeles
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$8,995 /mo
- 3 Beds
- 2 Baths
- 1,405 ft²
$9,750 /mo
- 3 Beds
- 2 Baths
- 2,232 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017