46
Map
365 Point Lobos 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 |
|---|---|---|---|
| Jul 17, 2025 | Sold | ||
| Sold | |||
| Jun 8, 2025 | In contract | - | |
| In contract | |||
| Apr 24, 2025 | Price Decreased |
$739,000
↓ $10K
(1.3%) | |
| Price Decreased | |||
| Mar 31, 2025 | Listed | $749,000 | |
| Listed | |||
| | |||
|
Beautiful RENOVATED gated beachside home. Enjoy walking to beach and riding bikes to local restuarants. Wonderful views of lake from covered porches on 1st and 2nd floors. House features tons of natural light. Two living/family rooms and a loft upstairs, Large Primary Suite with area for office and sliders onto porch with swing. Lovely kitchen features new appliances, upgraded granite and coffee wine bar. Neighborhood features include beautiful clubhouse with fitness center, playground and resort style pool. A rated schools.
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| Apr 30, 2021 | Sold | ||
| Sold | |||
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About Montecito
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017