702 N RODEO 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%.
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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 |
|---|---|---|---|
| Nov 18, 2023 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | In contract | - | |
| In contract | |||
| Nov 3, 2023 | No longer available | - | |
| No longer available | |||
| Nov 2, 2023 | In contract | - | |
| In contract | |||
| Oct 5, 2023 | Listed by Rodeo Realty | $10,995,000 | |
| Listed by Rodeo Realty | |||
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Situated in Beverly Hills' esteemed 700 block of North Rodeo Drive, this celebrity compound radiates luxury on a sprawling 17,000 square foot corner lot. Meticulously landscaped, the property exudes a tropical resort ambience, complete with a pristine tiled pool, spa, adjoining gym and office. The estate boasts a separate guest house and a state-of-the-art recording studio, recognized for hosting rock legends. With parking for 8+ vehicles and multiple access points, this gem is moments away from the heart of the Golden Triangle. The manager has listed the unit size as 6921 square feet.
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About Beverly Hills
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$8,500 /mo
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$8,995 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017