18
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543 Westmount Drive
About This Property
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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%.
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 |
|---|---|---|---|
| Sep 28, 2026 | Listed by Douglas Elliman | $3,395,000 | |
| Listed by Douglas Elliman | |||
| Jun 10, 2022 | No longer available | - | |
| No longer available | |||
| May 12, 2022 | Price Decreased |
$2,985,000
↓ $210K
(6.6%) | |
| Price Decreased | |||
| May 2, 2022 | Price Decreased |
$3,195,000
↓ $304K
(8.7%) | |
| Price Decreased | |||
| Apr 21, 2022 | Listed by Corcoran Global Living | $3,499,000 | |
| Listed by Corcoran Global Living | |||
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PRICED TO SELL! Situated in the most exclusive and sought-after area of West Hollywood, just south of Melrose Ave and west of La Cienega. Enjoy a newly updated compound-like home with a separate guest house and bonus structure. Enter past the newly built electric iron gate through the grassy, privately-hedged front yard to the open living/dining rooms accented by a beautiful fireplace and wide plank hardwood floors. The updated kitchen features stainless steel appliances beaming with a ton of natural light. Four generously sized bedrooms, all ensuite with their own bathrooms and lots and lots of closet space, complete the main house. An additional 305 sqf. guest house is located on the property complete with a mini-kitchenette and bathroom, perfect for a large family or use as additional rental income. A second separate structure measures at 192 sqf. which can be used as a home office, yoga/meditation space, or extra storage area. Relax in the large grassy backyard with a trellis rear patio. This is truly an epic location to enjoy frequent strolls to your favorite shops and restaurants including Craig's, Catch, Cecconis, and Urth Caffe. Enjoy this epic location and walk to everything!!! The manager has listed the unit size as 2813 square feet.
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Property Highlights
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About West Hollywood
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Currently no similar homes aroundNearby Rentals
$5,800 /mo
- 3 Beds
- 2 Baths
- 2,000 ft²
$4,995 /mo
- 2 Beds
- 2 Baths
- 1,461 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017