502 Calle Montecito #12
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%.
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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 |
|---|---|---|---|
| Jun 10, 2016 | Sold | ||
| Sold | |||
| Apr 27, 2016 | Listed by JVD Realty, Inc. | $179,000 | |
| Listed by JVD Realty, Inc. | |||
| |||
|
Great turn key condo! New Carpet, Travertine flooring, Paint and much more. Has hook ups for full size washer and dryer. Balcony for BBQ or just relaxing. Has an association pool, is also in walking distance of Libby Lake and Libby Lake Park. Shopping, Restaurants and the local elementary is very close by. Great for first time buyers or Investors. Market rent is approx $1300mo. Neighborhoods: Lake Shore Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Apr 26, 2016 | Sold | ||
| Sold | |||
| Mar 11, 2016 | Listed by JVD Realty, Inc. | $147,000 | |
| Listed by JVD Realty, Inc. | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/09/2025
|
2 Bed
|
1 Bath
|
806 ft²
|
$415,000
2 Bed
1 Bath
806 ft²
|
$380,000
-8.43%
02/11/2026
|
Trent Cady
Coastal Premier Properties
| |
|
02/19/2025
|
2 Bed
|
2 Bath
|
856 ft²
|
$420,000
2 Bed
2 Bath
856 ft²
|
$417,000
-0.71%
03/25/2025
|
Paul Vega
Professional Realty Services
| |
|
08/28/2024
|
2 Bed
|
2 Bath
|
856 ft²
|
$450,000
2 Bed
2 Bath
856 ft²
|
$395,000
-12.22%
01/02/2025
|
Briana Palitz
eXp Realty of California, Inc
| |
|
04/05/2019
|
2 Bed
|
1 Bath
|
806 ft²
|
$219,959
2 Bed
1 Bath
806 ft²
|
-
-
|
-
| |
|
07/17/2018
|
2 Bed
|
1 Bath
|
806 ft²
|
-
2 Bed
1 Bath
806 ft²
|
-
-
|
-
| |
|
03/11/2016
|
2 Bed
|
1 Bath
|
806 ft²
|
$147,000
2 Bed
1 Bath
806 ft²
|
$138,000
-6.12%
04/26/2016
|
Jennifer Warren
JVD Realty, Inc.
| |
|
01/20/2013
|
2 Bed
|
1 Bath
|
806 ft²
|
$101,000
2 Bed
1 Bath
806 ft²
|
$105,000
+3.96%
03/15/2013
|
Sean O Sullivan
Winchester Real Estate
| |
|
01/31/2012
|
2 Bed
|
1 Bath
|
806 ft²
|
$106,000
2 Bed
1 Bath
806 ft²
|
$101,000
-4.72%
03/23/2012
|
Frank Grangetto
Frank Grangetto, Broker
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017