704 N ARDEN Drive
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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.
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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 |
|---|---|---|---|
| Oct 30, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | No longer available | - | |
| No longer available | |||
| Jun 23, 2020 | Listed by Compass | $14,999,000 | |
| Listed by Compass | |||
| Mar 9, 2020 | Listed | $15,725,000 | |
| Listed | |||
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Located behind gates in the heart of the Beverly Hills Flats, this beautiful Spanish estate has been meticulously maintained & upgraded, w/ original design by Wallace Neff. A well-appointed floor plan awaits, w/ grand-scale rooms & wealth of original detail. Enter into a dramatic foyer featuring vaulted ceilings, a beautiful curved staircase & hand-painted tiles, which seamlessly leads to the formal living rm w/ fireplace & ornate ironwork. The property features an abundance of natural light from beautiful hallways w/ walls of french doors, opening to outdoor terraces & the grassy courtyard- the perfect spot to dine al-fresco or entertain guests. The master suite rivals the finest hotels, w/ a private patio offering views of the garden, spa-like ensuite bthrm & expansive dressing rm. Addl highlights include a detached gsthse, walk-in wine cellar & professional home-cinema. The lush, privacy-rich grounds feature a sparkling pool/spa, mature landscaping & multitude of patios. The manager has listed the unit size as 9790 square feet.
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| Jan 18, 2020 | No longer available | - | |
| No longer available | |||
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About Beverly Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017