525 CHALETTE 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 |
|---|---|---|---|
| Jul 6, 2023 | No longer available | - | |
| No longer available | |||
| May 30, 2023 | Listed by Revel Real Estate | $15,750,000 | |
| Listed by Revel Real Estate | |||
| | |||
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Nestled within an exclusive enclave of Trousdale Estates, this quintessential mid-century modern epitomizes refined elegance. The residence effortlessly blends contemporary aesthetics with timeless sophistication, creating a harmonious fusion of the best of both worlds. Beyond the private gates, you'll discover opulent open living spaces adorned with the finest materials sourced from around the globe. Step onto the timeless Terrazzo floors, perfectly complemented by exotic hardwoods, and immerse yourself in rooms bathed in natural light pouring in from floor-to-ceiling glass doors. This open floor plan gracefully extends into the outdoor living areas, where an expansive backyard oasis awaits, complete with an oversized pool that offers breathtaking panoramic views stretching from the city to the ocean.As the day draws to a close, retreat to the epitome of luxury living the Primary Suite, a magnificent sanctuary spanning an impressive 2000 square feet. Indulge in the opulence of this expansive bedroom which boasts a cocktail bar, spa-like facilities, a rejuvenating steam room, and his-and-her walk-in closets. Prepare to have your dreams transformed into reality in this extraordinary masterpiece nestled high above the twinkling city lights. The manager has listed the unit size as 5765 square feet.
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| Apr 19, 2019 | Sold | ||
| Sold | |||
| Nov 15, 2018 | Listed by Hilton & Hyland | $10,495,000 | |
| Listed by Hilton & Hyland | |||
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017