34
Map
385 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 |
|---|---|---|---|
| Nov 21, 2016 | Sold | ||
| Sold | |||
| Jun 1, 2016 | Listed by Dale Sorensen Real Estate, Inc | $445,000 | |
| Listed by Dale Sorensen Real Estate, Inc | |||
| Feb 10, 2014 | Sold | ||
| Sold | |||
| Jul 2, 2013 | Listed by RE/MAX Alternative Realty | $319,000 | |
| Listed by RE/MAX Alternative Realty | |||
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Buyer's financing fell. Last appraisal was $362,000, great deal at this price!! Huge Satellite Beach home located in a Gated Community. Home features new carpeting, new appliances, and new interior paint. Large open kitchen with granite countertops with upgraded cabinets, view of the lake from the large open porch, freshly professionally landscaped, large master suite, double shower heads in master bathroom, upstairs and downstairs laundry area. This home is move in ready. See addendum display.
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Property Highlights
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About Montecito
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Currently no similar homes aroundNearby Rentals
$2,700 /mo
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$3,000 /mo
- 4 Beds
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017