Valuation Results for 78 Beverly Park Lane Beverly Hills, CA

As of today, Friday 11/24/2017 this property is estimated to have a value of:

Sale Value: $43,740,289
Rental Value: $158,623/month
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Sales Analysis

Estimated sale value: $43,740,289
Value range: $30,180,800 - $55,550,166
Change in the last 30 days: $31,255
Estimate accuracy +/- 22.83%

Rental Analysis

Estimated rental rate: $158,623
Value range: $103,105 - $198,279
Rental rate change in the last 30 days: -$4,270
Rent estimate accuracy +/- 24%

Property Details

Property Type: SingleFamily
Bedrooms: 7
Bathrooms: 13.0
Year Built: 2000
Building Sq. Ft.: 24000
Lot Sq. Ft.: 99022
Tax Year: 2016
Tax Assessed Value: $22,753,496
Last Sale Date: 10/20/2016
Last Sale Value: $40,000,000

Valuation Notes:

The above analysis is compiled with information gathered from Beverly Hills property tax records and public data. This property located at 78 Beverly Park Lane Beverly Hills CA is estimated to have a sale value of $43,740,289 and could expect to lease for $158,623 per month in today's Beverly Hills real estate market.
Average Sale Value in Beverly Glen: $2,114,400
Investment Potential: Assuming you paid cash, if you were to purchase this property at the current market value ($43,740,289) and rent it at the current estimated lease amount ($158,623), you would yield an expected 1.7% CAP rate (Annual Net Income / Current Market Value).
Estimated Annual Expenses
Management fees at 8% = $152,278.08
+ Property Taxes at 1.3% = $568,623.76
+ Property Insurance = $1,200.00
+ Other variable expenses = $437,402.89
Total Annual Expenses = $1,159,504.73
Annual Rent Collected = $1,903,476.00
- Total Annual Expenses = $1,159,504.73
Net Income After Expenses = $743,971.27
CAP Rate Range: 0.3% - 2.7%
If you were to purchase this property using financing at today's interest rates, you would deduct your annual mortgage expense from the calculation above to find your Net Income After Expenses. Assuming an interest rate of 4.25% with a 20% Downpayment, your estimated mortgage expense would be $1,487,170.00 per year OR $123,931.00 per month. This would bring your Net Income after Expenses to -$743,198.55
Data Accuracy: Without knowing the current interior condition of this property nor the quality of craftsmanship, the automated sales valuation accuracy for this property is +/- 22.83% and the estimated rent valuation is +/- 24%. To receive a more accurate property valuation report for your home, request a FREE Brokers Price Opinion from one of our Beverly Hills Real Estate experts.
Market Updates: The last time our valuation was updated for this property was on Friday 11/24/2017.
This Automated Property Valuation Estimate and Investment Analysis was compiled using proprietary algorithm's and through utilization of the Zestimate.