2198 Veloz 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 |
|---|---|---|---|
| Aug 21, 2020 | Sold | ||
| Sold | |||
| Jul 29, 2020 | Listed by Berkshire Hathaway HomeServices California | $3,795,000 | |
| Listed by Berkshire Hathaway HomeServices California | |||
| Jul 29, 2017 | Listed | $3,495,000 | |
| Listed | |||
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Elegant gated Spanish hacienda designed by Ketzel and Goodman on 1.3 acres in Montecito Union School district with open beamed ceilings, four fireplaces, 3 bedrooms, 3.5 baths, large living room, large chef's kitchen adjacent to den with fireplace, laundry room, one covered patio with outdoor fireplace, plus a detached one bedroom one bath guest house with separate driveway access, fireplace and koi pond.The manager has listed the unit size as 3448 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017