309 Isbel Drive
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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%.
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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.
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 |
|---|---|---|---|
| Oct 18, 2019 | No longer available | - | |
| No longer available | |||
| Aug 1, 2019 | Price Decreased |
$1,450,000
↓ $79K
(5.2%) | |
| Price Decreased | |||
| Jun 27, 2019 | Listed | $1,529,000 | |
| Listed | |||
| | |||
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Welcome to this attractive four bedroom, two & a half bath two-story home located in Carbonera Estates. It also includes a brand new, never lived in contemporary guest house. Ideally located for commuting & accessing all of the amenities Santa Cruz has to offer. The main home includes, new windows, new heating system, new carpeting, new garage door, contemporary stair railing & new countertops in the master bathroom and kitchen. There is a separate formal dining room, living room with fireplace & a bright family room with sliding door leading to the rear yard. Laundry area inside. Located on a private, large parcel with newer fencing and mature landscaping, ideal for relaxing and entertaining. The guest unit has vaulted ceilings with exposed beams. An abundance of windows & light, an interior laundry area, a large bedroom with walk-in closet & sleek bathroom with neutral tile & European glass shower enclosure. The total square footage is 3,142+/- Main home 2,284 + guest house 858 The manager has listed the unit size as 3142 square feet.
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| Sep 13, 2017 | Sold | ||
| Sold | |||
| Jun 27, 2017 | Listed by Sereno | $998,000 | |
| Listed by Sereno | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017