4101 Mariposa 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 3, 2025 | Sold | ||
| Sold | |||
| Jan 14, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $3,995,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Sep 13, 2024 | Listed | $3,995,000 | |
| Listed | |||
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Discover a rare opportunity to create your dream home on this exceptional 1.4-acre parcel in the prestigious Hope Ranch community, offering ocean views and the potential for a bespoke estate. While the previously approved plans with the county have expired and would need to be re-activated, the property's prime location remains unmatched. Set in one of Santa Barbara's most desirable neighborhoods, this land offers a peaceful retreat with breathtaking vistas. Residents enjoy exclusive access to Hope Ranch's private beach, tennis courts, and equestrian trails, with the renowned Laguna Blanca School just nearby. Embrace the luxurious coastal lifestyle that Santa Barbara is known for with this remarkable property, ideal for those seeking both elegance and tranquility.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 25, 2021 | Listed by Village Properties | $2,995,000 | |
| Listed by Village Properties | |||
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A 1.4 acre ocean view property, in one of the most coveted areas of Santa Barbara: Hope Ranch. This end of Hope Ranch is close to Hendry's Beach, the Boat House restaurant and the Mesa. Hope Ranch also offers a private beach for its residents. Rehab this ranch style home or build your dream Hope Ranch Ocean view paradise! The manager has listed the unit size as 2496 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017