399 Calle Montecito
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 |
|---|---|---|---|
| Apr 8, 2025 | Sold | ||
| Sold | |||
| Jan 29, 2025 | Listed by Real Broker | $589,000 | |
| Listed by Real Broker | |||
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Welcome to this beautiful 3-bedroom, 2-bathroom home, plus an office, nestled in a sought-after Oceanside neighborhood. This property offers an ideal blend of modern amenities, space, and convenience. The open floor plan creates a seamless flow between the living room, dining area, and a fully equipped kitchen—perfect for family gatherings or entertaining guests. Step outside to a large, private backyard oasis with a fully fenced perimeter, offering both security and privacy. The expansive patio area is perfect for dining, barbecues, or relaxing in the sun. A unique feature of this home is the bathroom located in the garage, offering extra functionality. The home also includes a one-car garage and a spacious driveway with plenty of room for additional parking. Plus, you’ll love the added convenience of a clinic at the entrance of the neighborhood, a nearby park, and a daycare—ideal for families. With no HOA fees and a prime location just minutes from shopping, dining, and the beach, this home is a rare find and is sure to impress!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017