631 N Hillcrest Road
About This Property
The Master Bedroom offers sweeping views of a lush garden and inviting pool area, complete with a charming pool house for added relaxation. Descending to the basement, you'll discover a theater room, office, two secondary bedrooms, bathrooms, and a versatile family room or playroom, all thoughtfully designed for comfort and functionality. French doors beckon you to step out into the serene garden and pool area, seamlessly connecting indoor and outdoor living spaces.
With front and rear access to the gigantic Basement, convenience is prioritized, enhancing the overall living experience. Outside, the property boasts expansive grounds, multiple entrances on Hillcrest Rd and Elevado Ave for easy access, and ample parking. Its curb appeal is undeniable, set against the backdrop of a Prime Beverly Hills Street. Consult with your Real Estate Professional regarding Condition of the 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 |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | In contract | - | |
| In contract | |||
| May 7, 2024 | Listed by Century 21 Plaza | $7,490,000 | |
| Listed by Century 21 Plaza | |||
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017