251 Cloydon Circle
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 |
|---|---|---|---|
| Jul 31, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jul 8, 2025 | Listed by Village Properties | $3,995,000 | |
| Listed by Village Properties | |||
| Jan 29, 2025 | Listed | $3,995,000 | |
| Listed | |||
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Seller is super motivated and wants an offer!! Enjoy the purple mountain majesty of the picturesque Santa Ynez mountains from your beautifully remodeled home on an expansive lot, with SO MUCH to offer! The main house features 3 bedroom, 3 bath ensuites and lives like a dream with 2 primary options. Situated at the end of a quiet cul-de-sac, this property has a gourmet kitchen with quartz counters, view dining room, inviting living room with fireplace and 2 sets of custom steel French doors, oak hardwood floors, recessed lighting on dimmers and more! All new mechanical systems, soffited eaves, new sewer lateral including to the main connection and fullly fenced. The BRAND NEW detached ADU is a whole additional house featuring 1 bedroom and 1 bathroom, vaulted ceilings, high end finishes, full laundry, and overlooking the pool. Niceyard with an art deco custom HEATED pool with 10 ft deep end, 8 person hot tub and baja shelf. Includes hard, auto cover. Separate beverage room with kitchen off pool. Must see to fully appreciate. Centrally located off Sycamore Canyon, Cloydon Circle is enveloped by Montecito's enchanting natural splendor yet is just moments from the highly sought-after Cold Springs School and the upscale amenities of both the Upper and Lower Villages.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017