295 Burton Mesa Boulevard #B
About This Property
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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%.
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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.
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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 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 31, 2020 | Sold | ||
| Sold | |||
| Feb 14, 2020 | Listed | $225,000 | |
| Listed | |||
| | |||
|
MUST SEE! Very well-maintained, turnkey condo, in a desirable neighborhood close to good schools in the Vandenberg Village area of Lompoc. Generous storage space throughout the condo, with extra-large closets in the bedrooms. Bright, large upstairs bedrooms with individually controlled under-floor heating system! Open living and dining area space downstairs and private garage with direct kitchen access. Newer refrigerator, as well as washer/dryer inside, make this home move-in ready or a perfectinvestment unit. Water is included in the HOA. Currently rents for $1,585 and the tenant would be happy to stay if the new owners want to keep them. The manager has listed the unit size as 1008 square feet.
| |||
| Jan 15, 2020 | Listed by Dammeyer & Associates | $225,000 | |
| Listed by Dammeyer & Associates | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/15/2020
|
2 Bed
|
1 Bath
|
1008 ft²
|
$225,000
2 Bed
1 Bath
1008 ft²
|
$223,000
-0.89%
03/31/2020
|
Dustin Dammeyer
Dammeyer & Associates
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017