210 Las Palmas 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 |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jul 8, 2025 | In contract | - | |
| In contract | |||
| May 20, 2025 | Price Decreased |
$4,995,000
↓ $195K
(3.8%) | |
| Price Decreased | |||
| Apr 15, 2025 | Listed | $5,190,000 | |
| Listed | |||
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Tucked within the sought-after enclave of Hope Ranch, this single-level retreat blends timeless charm with modern comfort. Surrounded by lush greenery, the 4BD/2 FULL BA/2 HALF BA home enjoys serene garden views and effortless indoor-outdoor flow. Natural light pours into the inviting living spaces, where vaulted beam ceilings and a fireplace create warmth and character. Glass doors open to the ultimate backyard, perfect for lounging by the pool, grilling in the outdoor kitchen, or perfecting your putt on the putting green. A beautifully appointed kitchen, spacious family room, and tranquil primary suite with a private patio complete the home's effortless appeal. With exclusive access to Hope Ranch amenities, this is a rare opportunity to experience the coveted Santa Barbara lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017