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909 N Alpine 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 |
|---|---|---|---|
| Sep 9, 2026 | Sold | ||
| Sold | |||
| Aug 21, 2026 | In contract | - | |
| In contract | |||
| Jul 19, 2026 | Price Decreased |
$9,950,000
↓ $425K
(4.1%) | |
| Price Decreased | |||
| Jun 8, 2026 | Listed by Compass | $10,375,000 | |
| Listed by Compass | |||
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Located on the coveted 900 block of North Alpine Drive, north of Sunset Boulevard, and moments from the iconic Beverly Hills Hotel, this exceptional estate presents a rare opportunity to own nearly one-half acre in one of Beverly Hills' most prestigious residential enclaves. Offered for the first time in 47 years, the property combines a premier location, substantial land value, a beautifully updated residence, and exceptional future potential. Recently renovated and thoughtfully updated throughout, the home is completely turnkey and ready for immediate enjoyment. Set on an expansive 21,340-square-foot lot, the single-story Mid-Century residence offers soaring ceilings, walls of glass, skylights, terrazzo accents, and herringbone wood flooring, creating bright, sophisticated living spaces filled with natural light. Designed for effortless indoor-outdoor living, the great room, family room, dining area, and primary suite all open directly to spectacular resort-style grounds featuring mature landscaping, expansive lawns, multiple entertaining terraces, a redone pool, and waterfall spa. The spacious primary retreat includes a sitting area, fireplace, oversized custom walk-in closet, and luxurious limestone bath. Two additional en-suite bedrooms provide comfort and privacy for family and guests, while the updated chef's kitchen is appointed with premium appliances and a large center island ideal for both everyday living and entertaining. What truly sets this property apart is the unique combination of a move-in-ready home and an extraordinary nearly half-acre lot. Buyers can immediately enjoy the residence as it exists today while preserving the flexibility to expand, create a guest house, add a sport court, wellness pavilion, or further enhance the estate over time. Surrounded by some of Beverly Hills' most significant residences and just moments from Rodeo Drive, world-class dining, luxury shopping, and the Beverly Hills Hotel, 909 North Alpine represents a rare opportunity to acquire a turnkey estate with exceptional land value in one of the most desirable neighborhoods in the world.
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| May 23, 2026 | Price Decreased |
$10,400,000
↓ $595K
(5.4%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017