$2,137,000
●
House -
Off Market
1861 Montecito Avenue
Mountain View, CA 94043
4 Beds
2 Baths
1,837 Ft²
$2,624,798
RealtyHop Estimate
31.57%
Since Feb 1, 2019
CA-San Francisco
Primary Model
About This Property
Spacious and updated home on a tree lined street in desirable and
convenient Rex Manor neighborhood. Inviting living room with
vaulted beamed ceiling & wood floors, separate dining room with
wood floors. Large open kitchen with breakfast bar, recessed
lighting, stainless appliances, skylight & garden window that looks
out to the landscaped backyard & brick patio. Separate family room
with built-in bookshelves & glass doors to sunny backyard. Generous
size master suite with ample cabinet space. Master bath with tile
floors and shower over tub with glass enclosure. New carpeting in
all bedrooms. Attached garage and full size washer & dryer hook-up.
Prime location - convenient to downtown Mountain View, schools,
shopping, freeway and expressway access.
Unit Size
1,837 Ft²
Days on Market
32 days
Land Size
0.12 acres
Price per sqft
$1,086
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 10 months ago (MLSListings Inc. #ML81732833)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 7, 2019 | Sold | ||
| Sold | |||
| Dec 15, 2018 | No longer available | - | |
| No longer available | |||
| Dec 6, 2018 | Listed by Christie's International Real Estate Sereno | $1,995,000 | |
| Listed by Christie's International Real Estate Sereno | |||
| Mar 7, 2013 | Sold | ||
| Sold | |||
| Feb 12, 2013 | Listed by Keller Williams Palo Alto | $928,000 | |
| Listed by Keller Williams Palo Alto | |||
| | |||
|
Remodeled & expanded home.Beautiful grand entrance. Hardwood floors, 4 skylights.Double pane windows.Large Family room off kitchen with built in shelves.Kitchen with wood cabinets & Corian counters, greenhouse window.Wood double French doors.Large master suite with jetted tub in tiled master bath.Granite counters in hallbath.Vaulted ceilingsin 4th bedroom.Inside closet systems.New lawn in backyard
| |||
Property Highlights
Parking Available
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Monta Loma-Farley-Rock
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Listed by: Royce H. Cablayan, Christie's International Real Estate Sereno
Last Updated: 10 months ago
Data Source: CRMLS, MLS# ML81732833
Last Updated: 10 months ago
Data Source: CRMLS, MLS# ML81732833
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