1906 Willow Ridge 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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Oct 7, 2024 | In contract | - | |
| In contract | |||
| Sep 20, 2024 | In contract | - | |
| In contract | |||
| Sep 6, 2024 | Listed by Berkshire Hathaway HomeService | $895,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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Welcome to this fabulous single level home located in the sought after gated community of Montecito, offering panoramic mountain, valley and city views. Be greeted by lush landscape leading to a private gated front entry. Desirable floor plan with volume ceiling and a cozy fireplace in family room. Updated gourmet kitchen with slab counter tops, stainless steel appliances and farmhouse sink. Spacious premier bath with walk-in shower and double vanity sink. Special features and upgrades include porcelain flooring, multiple skylights, newer windows and sliding doors, can lights, A/C, double car garage with epoxy flooring, custom modern cabinetry and washer & dryer. Manicured backyard landscape overlooking great endless views. Close to shopping, restaurants and top schools. Low HOA fees.
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| May 31, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017