10586 Montecito Dr
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%.
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 |
|---|---|---|---|
| Jun 6, 2024 | Sold | ||
| Sold | |||
| Apr 26, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Madison & Company Properties | $1,175,000 | |
| Listed by Madison & Company Properties | |||
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Situated in the prestigious Montecito area of Lone Tree, this beautifully crafted ranch home is a testament to luxury & attention to detail. Right away you will notice the bright, free flowing, open floor plan that creates an atmosphere ideal for entertaining & comfortable living. Custom hardwood floors grace the main level & stretch from the entry way into the Office, Great Room, Kitchen & Dining Areas. The state-of-the-art gourmet kitchen is equipped with high-end stainless-steel appliances, including a gas cooktop & double convection oven. There is an abundance of cabinet space, a walk-in pantry, a separate desk/coffee area & a huge kitchen island with a granite countertop. The elegant Dining Room opens to a custom covered patio complete with a spacious seating area & gas firepit. With its professional landscape & greenbelt behind, the oversized yard is perfectly set for your enjoyment. The Great Room's high ceilings & custom fireplace is ideal for personal enjoyment & entertaining friends. The luxurious primary suite includes an elegant, spa-like, bathroom featuring a large soaking bathtub, a custom oversized shower, two luxurious vanities with granite counters & a large walk-in closet. The 2nd bedroom, conveniently positioned at the front of the house, has a deluxe ensuite bathroom with granite counters, custom tile work & a walk-in closet. Lots of natural light grace the residence & plantation shutters adorn the windows. An open staircase with wrought iron balusters leads you to full unfinished basement ready for your completion. A 3-car finished tandem garage includes epoxy flooring & plenty of room for your tool-bench. Montecito is a special place to call home with its majestic scenery & views. For your enjoyment the community pool & clubhouse are all close by - as is ready access to I25, C470 & the light rail. It is mere steps from the Bluffs Regional Park & is conveniently near fine dining, shopping venues & the Lone Tree Performing Arts Center.
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| Aug 30, 2013 | Sold | ||
| Sold | |||
| Feb 10, 2012 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017