237 LAS ONDAS
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 |
|---|---|---|---|
| Jun 27, 2019 | Sold | ||
| Sold | |||
| Apr 8, 2019 | Listed by Compass | $1,779,700 | |
| Listed by Compass | |||
| Sep 6, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Listed | $1,595,000 | |
| Listed | |||
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A tropical oasis located in Santa Barbara Mesa's most highly sought Marine Terrace neighborhood. Indoor/Outdoor living made easy with commercial grade 8' sliding doors leading to a lush & tropical backyard enveloped in mature & exotic trees and drought tolerant landscaping. A perfect setup to enjoy SB's year-round Mediterranean climate. The single level 1,928 SF home enjoys a simple, yet functional floor plan. Vaulted ceilings & skylights fill the great room with natural light and a sense of volume. The master suite is exactly what a master suite should be, w/ high vaulted ceilings, French doors opening to the lush yard, and a generous en suite bathroom. A spiral staircase outside leads to the rooftop where a permitted greenhouse is found. The ocean is visible from the rooftop as well The manager has listed the unit size as 1928 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017