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Map
424 Point Lobos Drive
About This Property
4 Bedrooms, 3.5 Baths, Gourmet Island Kitchen, Huge Loft, Media Room, French Door Study, amazing first floor Master Suite with bumped out sitting area, granite double sink, beautiful separate tub and shower, and a large walk-in closet.
The fully Screened in Pool and Patio is a tropical oasis for your family to enjoy!
The top floor includes three large bedrooms and two full baths as well as the media room with surround sound and the loft/game room area.
The Montecito neighborhood includes Gated access, a clubhouse with pool and exercise room...plus a playground for kids! The ''A-Rated'' Brevard County Schools! Easy access to the Pineda Causeway, I-95, Patrick AFB, and KSC add to the great value!
Hurry...this beautiful home will not last long!
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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 |
|---|---|---|---|
| Jan 9, 2014 | Sold | ||
| Sold | |||
| Oct 3, 2013 | Listed by Dreyer & Associates R.E. Grp. | $450,000 | |
| Listed by Dreyer & Associates R.E. Grp. | |||
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About Montecito
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017