361 Santa Clara Dr
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%.
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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 |
|---|---|---|---|
| Apr 12, 2022 | No longer available | - | |
| No longer available | |||
| Mar 27, 2022 | In contract | - | |
| In contract | |||
| Mar 23, 2022 | Listed by Windermere Homes & Estates | $875,000 | |
| Listed by Windermere Homes & Estates | |||
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Cliff May lovers, this one is for you! This is not a flip- Owners remodeled in 2020 to their liking, with quality materials and the original wood-framed Cliff May doors and windows are still intact, keeping the integrity of the original design that is so valuable. Sale also INCLUDES PLANS, FULLY APPROVED BY THE CITY done by local architect Phil Weatherly for a 2Bd/Ba stunning ADU on this over-sized lot! Rent the ADU out to offset your mortgage, or use it for guests, friends, or family. This sun-drenched 4Bd/3Ba home has a new roof and rain gutters, new electrical wiring and electrical panel, new HVAC system with upgraded furnace, plumbing for AC condenser, nest thermostat, and tankless water heater. Stylish luxury vinyl floors throughout, and an open-concept kitchen that includes stainless steel appliances (including a refrigerator), large sink, quartz countertops, shaker cabinets, and kitchen island that allows you to entertain while you cook. Located on top of the hill, enjoy the peace and quiet, birds chirping, and lovely ocean breezes, yet still have easy 2-3 min access to the 78 for a quick 10-15 min drive to the beach! All the bathrooms have been remodeled with stylish tile, new bathtubs, toilets, vanities, and mirrors. The laundry room offers plenty of storage space, quartz counters, and washer/dryer. Fresh landscaping with french drains and automatic drip irrigation and sprinklers, brand new fence on north side. Plenty of space for a vegetable garden and/or orchard; turn the storage shed into a chicken coop or art room. This home truly has it all! The manager has listed the unit size as 1125 square feet.
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| Feb 28, 2020 | Sold | ||
| Sold | |||
| Jan 27, 2020 | Listed by Green Team Realty | $449,900 | |
| Listed by Green Team Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017