45 Dearborn Place #43
About This Property
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!
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Your Estimated Monthly Payment
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 | |||
| 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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