484 Mendocino 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 7, 2024 | Sold | ||
| Sold | |||
| Oct 4, 2024 | In contract | - | |
| In contract | |||
| Sep 21, 2024 | Listed by KW Coastal Estates | $695,000 | |
| Listed by KW Coastal Estates | |||
| Apr 8, 2024 | Sold | ||
| Sold | |||
| Feb 12, 2024 | Listed by Sotheby's International Realty | $685,000 | |
| Listed by Sotheby's International Realty | |||
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Introducing a charming mid-century ranch home in Santa Lucia, North Salinas. This 3-bed, 2-bath gem boasts a beautifully updated kitchen with granite countertops and stainless steel appliances. Wood flooring, crown molding, and a cozy fireplace add elegance. The spacious backyard with lighting is perfect for entertaining. Don't miss out on this warm, eco-friendly, and welcoming home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017