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2474 Santa Barbara LOOP
About This Property
Welcome to 2474 Santa Barbara, an expansive 4-bedroom, 3-bathroom home with 3,336 square feet in the sought-after Paloma Lake community. Designed with both everyday living and entertaining in mind, the spacious floor plan offers two living areas, two dining spaces, soaring ceilings, and a dedicated media room.
The open-concept main living area creates an inviting flow between the kitchen, dining, and living spaces, while the generous primary suite offers a comfortable private retreat. The fully equipped media room provides the perfect setting for movie nights, game days, and entertaining.
Step outside to a beautifully remodeled backyard featuring brand-new Zoysia sod, automatic irrigation, privacy landscaping, an extended patio, and full gutters. The expansive yard offers plenty of room to relax, play, and enjoy outdoor living.
Located in Paloma Lake, residents enjoy scenic trails, parks, and a variety of community amenities. With its generous proportions, extensive entertaining spaces, recent improvements, and desirable location, 2474 Santa Barbara offers exceptional space and lifestyle in one impressive package.
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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 30, 2026 | Price Decreased |
$495,000
↓ $5K
(1%) | |
| Price Decreased | |||
| Sep 1, 2026 | Withdrawn | - | |
| Withdrawn | |||
| Sep 1, 2026 | Listed by Moreland Properties | $500,000 | |
| Listed by Moreland Properties | |||
| Aug 22, 2026 | Price Decreased |
$529,000
↓ $10K
(1.9%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017