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2311 Finney Street
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 |
|---|---|---|---|
| Sep 21, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $4,995,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Jan 13, 2025 | Listed | $4,995,000 | |
| Listed | |||
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The best value on the Santa Barbara coast! Minutes from Montecito, discover the perfect blend of luxury and coastal charm at 2311 Finney Street, a fully remodeled 2-bedroom, 3-bathroom gem nestled along the coast in beautiful Summerland, CA. This exquisite property features stunning ocean views, modern finishes, and timeless design. Upon entering the front door, the open floor plan welcomes you into the great room awash in natural light. The kitchen is both luxurious and welcoming with it's smart layout, perfect for entertaining and every day living. Gorgeous custom details include wide plank hardwood floors, custom cabinetry throughout, and beautiful use of marble in the bathrooms. The versatile layout includes a bedroom and two full bathrooms on the main floor, ideal for guests or flexible living arrangements, while the upstairs primary suite includes a luxurious bathroom complete with ocean vistas from the soaking tub.Step outside to your backyard oasis, where coastal living reaches its peak. Enjoy a private path leading directly to Summerland Beach, a stainless-steel spa with stunning ocean views, and a cozy firepit perfect for evenings under the stars. Multiple deck areas offer ample space for outdoor dining and relaxing, and an outdoor shower provides the perfect way to rinse off after a day at the beach. A truly idyllic location perched above Summerland Beach and minutes to the town's quaint shops and restaurants, this home perfectly balances relaxation and accessibility. Looking to expand? Approved permitted plans are available to add a third bedroom, making this home as versatile as it is beautiful. Whether you're seeking a serene getaway or a permanent coastal haven, this home is ready to welcome you.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017