45 Dearborn #43
About This Property
The manager has listed the unit size as 700 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 2, 2024 | No longer available | - | |
| No longer available | |||
| Jan 20, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed | $545,000 | |
| Listed | |||
| | |||
|
This beautifully updated 1 bed + 1 bath condo in the heart of Goleta is fantastic for anyone searching for a perfect place to call home while you explore this idyllic coastal town.
Close to shopping, dining, beaches, UCSB, and downtown Santa Barbara, this condo offers everything you need and more!
The newer flooring and patio make this a bright and inviting space to relax after a day of exploration. The pool and on-site parking are just icing on the cake.
Whether you want entertainment or amazing beaches just minutes away, this condo delivers on all fronts!
| |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jun 7, 2021 | In contract | - | |
| In contract | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/04/2024
|
Loft
|
1 Bath
|
-
|
$545,000
Loft
1 Bath
|
-
-
|
Aaron Bearden
Keller Williams - Santa Barbara
| |
|
06/19/2023
|
1 Bed
|
1 Bath
|
700 ft²
|
$555,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Jane Runyen
Village Properties - 1
| |
|
06/24/2022
|
1 Bed
|
1 Bath
|
700 ft²
|
$559,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Jane Runyen
Village Properties - 1
| |
|
06/02/2021
|
1 Bed
|
1 Bath
|
700 ft²
|
$410,000
1 Bed
1 Bath
700 ft²
|
-
-
|
Daniel J Warnars
Village Properties
| |
|
02/19/2020
|
2 Bed
|
1 Bath
|
929 ft²
|
$449,000
2 Bed
1 Bath
929 ft²
|
-
-
|
Justin Etherton
eXp Realty of California, Inc.
|
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017