40391 Camino Montecito
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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 |
|---|---|---|---|
| Apr 9, 2021 | Sold | ||
| Sold | |||
| Feb 22, 2021 | Listed by HK Lane Real Estate | $460,000 | |
| Listed by HK Lane Real Estate | |||
| Feb 20, 2014 | Sold | ||
| Sold | |||
| Jul 12, 2013 | Listed by Tarbell REALTORS | $385,000 | |
| Listed by Tarbell REALTORS | |||
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Well maintained, highly popular Phase 1 San Benito model located on the beautiful Greenbelt, offers fabulous views of greenbelt, lakes, & multiple mountain ranges. From the gated front courtyard, you enter the home & are immediately drawn into the Great Room w/ striking views from the backyard. The kitchen is light, bright, & features Granite Counters, Breakfast Bar, Nook, Prep Island, lots of storage, & a beautiful arched picture window that overlooks the front courtyard. The Great Room, hallways, kitchen, baths all have tile flooring. The San Benito offers a very popular Den & Hobby room, what a great versatile space! The Master Suite is huge & the master bath includes a large walk-in closet, dual vanity, walk-in shower, & wonderful tub perfect for soaking. The guest bedroom is private w/an adjacent full bath. The laundry room includes the washer & dryer, lots of storage, solid surface countertop, a deep utility sink, & direct access to the 2 car plus cart garage w/ storage.
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Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,700 /mo
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$3,800 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017