1866 Hillcrest 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 |
|---|---|---|---|
| Dec 21, 2020 | Sold | ||
| Sold | |||
| Aug 21, 2020 | Listed by Century 21 Real Estate Alliance | $2,695,000 | |
| Listed by Century 21 Real Estate Alliance | |||
| Oct 19, 2018 | Sold | ||
| Sold | |||
| May 10, 2018 | Listed by The "Z" Team 4RE, Inc. | $725,000 | |
| Listed by The "Z" Team 4RE, Inc. | |||
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Great opportunity to build your custom home on this beautiful 9568 sq foot lot in the prestigious Hobson Heights development. Panoramic ocean, island, city and sunset views. Lot runs street to street and has 120 feet frontage. The original garage had only one step into dwelling. One of the only Streets on the hillside that has adequate street parking. Views protected by Hillside Height Restrictions prohibit building a two story home below. Buyer to verify with City. Some of the most expensive homes in Ventura are located in Hobson Heights. Walking distance to our beautiful down down, restaurants , shopping and only ten mintute drive to the beach. Sellers lost their home in the 12/5/2017 fire. The debris removal was done by the California office of Emergency Service and CalRecyle and the seller has Approved Debris Removal final sign off. Hillside building height restriction prohibits two story house on property below. Buyer to verify all building restrictions with the City of Ventura .
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017