40504 Calle Santa Monica
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%.
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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 |
|---|---|---|---|
| Oct 8, 2021 | Sold | ||
| Sold | |||
| Sep 12, 2021 | Listed by Berkshire Hathaway HomeServices California Properties | $535,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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This beautiful home was one of the original model homes when the development first started! It is on the golf course and has a panoramic view of the mountains and lake as well as the 18th fairway, a green belt and the 1st fairway! You can hardly see neighbors across the fairway. There are two full bedrooms as well as a den with a built in desk and could easily become a third bedroom. There are tile floors through out, ceiling fans, upscale light fixtures. The kitchen has a prep island, GE appliances, quality cabinets, walk-in pantry open to the great room. The main bedroom has patio access and a truly amazing walk-in closet with built-ins galore. There is a two car garage with a side area large enough to place a golf cart. The floor in the garage is epoxied and there is a AC in the garage not a swamp cooler. Please do not miss this home it is worth seeing.
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| Aug 25, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $459,000 | |
| Listed | |||
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This was one of the original model homes when the builder first began this community. Pulte always placed their models on the most beautiful building sites and this $150K, magnificent setting, is among the very best! The East facing patio is set high above a narrow green belt, then a beautiful lake, then the 18th fairway, then another green belt, then the 1st fairway! Your neighbors across this expanse are barely visible! The Montecito Club house with 2 pools, fitness center, social clubs, 500 seat ball room, billiards, lighted tennis, etc is just a few steps away. This San Emilio plan was built to 1823 SF in 2004. There are tile floors, upscale window treatment and light fixtures, designer paint, ceiling fans and other upgrades; all blended to a gorgeous look! The kitchen has a prep island, GE appliances, quality cabinets, walk-in pantry open to the great room. The master has patio access, barn door, amazing closet. The den could easily become a 3rd bedroom. So much more to this see!The manager has listed the unit size as 1823 square feet.
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| Jul 11, 2017 | Listed by Keller Williams Realty | $459,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017