1475 E Mountain 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%.
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 |
|---|---|---|---|
| Apr 21, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $28,500,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Nov 18, 2021 | No longer available | - | |
| No longer available | |||
| Oct 30, 2021 | In contract | - | |
| In contract | |||
| Aug 13, 2021 | Listed by Village Properties | $19,995,000 | |
| Listed by Village Properties | |||
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Nestled on nearly 2 lush acres in the heart of the Golden Quadrangle, rests this quintessential Montecito estate offering unparalleled quality and perfection at every turn. Jaw-dropping ocean, island and mountain views create an ever evolving organic backdrop. Divinely rebuilt in 2014 by Giffin and Crane, and perfected by Harrison design, this Mediterranean estate is a definitive thesis on beauty, luxury, design and indoor/outdoor living. Only the finest of artisan materials grace this stunning estate featuring vast verandas, covered terraces, pool, north/south tennis court, organic orchard & gardens, media room, wine cellar, gym, and luxury guest accommodations. The manager has listed the unit size as 11484 square feet.
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| May 7, 2020 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017