40137 Camino Montecito
About This Property
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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 |
|---|---|---|---|
| Sep 24, 2021 | Sold | ||
| Sold | |||
| Jul 24, 2021 | Listed by Keller Williams Realty | $499,000 | |
| Listed by Keller Williams Realty | |||
| Apr 22, 2015 | Sold | ||
| Sold | |||
| Aug 22, 2014 | Listed by Keller Williams Realty | $429,900 | |
| Listed by Keller Williams Realty | |||
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There is a West facing patio on this San Benito model, built high above a green belt, to 2147 SF (est.) in 2004. The rear covered patio has been extended above with Aluma-wood and additional deck added to enhance your outdoor living enjoyment. Just below you is a beautiful lake protected by mature trees that provide deep summer shade to this home. The Southern Santa Rosa Mountain views are gorgeous. Sun sets here tend to be spectacular. The kitchen has GE Appliances w/double ovens, granite counters, quality cabinets, island prep station, nook, and a stool height breakfast bar overlooking the wide open great room. A large master suite, w/patio access, has dual vanities, oval tub, separate glassed-in shower, and generous walk-in closet. There is also a guest bedroom, den with double doors, a bonus room could be a 3rd sleeping area, and a fully finished laundry room. A two car plus a golf cart garage with recirculating hot water feature. Deluxe landscape. Spotless and move-in ready home.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017