3011 Montecito Drive
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 |
|---|---|---|---|
| Jan 23, 2026 | Sold | ||
| Sold | |||
| Dec 23, 2025 | In contract | - | |
| In contract | |||
| Nov 18, 2025 | Listed by Compass RE Texas, LLC | $459,000 | |
| Listed by Compass RE Texas, LLC | |||
| Aug 16, 2023 | Sold | ||
| Sold | |||
| Jun 15, 2023 | Listed by KELLER WILLIAMS REALTY | $949,500 | |
| Listed by KELLER WILLIAMS REALTY | |||
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Wonderful home on 1.4 ac in sought out Montecito Subdivision! Home has so many amenities. This kitchen is any Gourmet Cook's dream. Large island with lots of granite counter tops, built in fridge and freezer, double oven, coffee bar area, and hidden spice racks in the corbels of the vent above gas cooktop. Laundry room doubles as a 2nd prep area complete with another large fridge, double oven, mw, moveable island and sink. Living has gas log FP and built ins. Master offers 3 WIC and updated Master bathroom. Upstairs has 3 oversized bedrooms with WICs and built ins, another large living room with builtins. Bonus room is perfect for office, craft or sewing room, or a 5th bedroom. Gameroom has half bath with room to add a shower, built in counter top area, and separate outside entrance. Tons of closets and storage areas. The beautiful yard is covered in trees, new fence, large pool with diving board and slide, and Green House with water, electric, and gas. A great place to call HOME!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017