236 Santa Monica Drive
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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 27, 2021 | Sold | ||
| Sold | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Sep 24, 2021 | Listed by Keller Williams West Ventura C | $1,195,000 | |
| Listed by Keller Williams West Ventura C | |||
| Nov 15, 2020 | In contract | - | |
| In contract | |||
| Sep 13, 2020 | Listed | $879,000 | |
| Listed | |||
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Beautiful Beach Bungalow with a water view. A few lots from the sand! It doesn't get better then this for beach living. The home has recently been completely redone from top to bottom with many custom touches by award winning designer/builder Mel Taylor. Feel the ocean breeze and enjoy views of the harbor. Call today for more information. The manager has listed the unit size as 1094 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017