509 Calle Montecito #48
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 |
|---|---|---|---|
| Feb 1, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2015 | Listed by Wannebo Real Estate Group | $172,000 | |
| Listed by Wannebo Real Estate Group | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2025
| |
2 Bed
|
2 Bath
|
856 ft²
|
$415,000
2 Bed
2 Bath
856 ft²
|
$430,000
+3.61%
08/19/2025
|
Irene Block
Compass
|
|
02/10/2023
|
2 Bed
|
1 Bath
|
806 ft²
|
$369,999
2 Bed
1 Bath
806 ft²
|
$374,000
+1.08%
03/17/2023
|
Deanne Deguzman-Cadelina
FOSTER HAMILTON Real Estate
| |
|
06/20/2020
|
2 Bed
|
1 Bath
|
806 ft²
|
$264,900
2 Bed
1 Bath
806 ft²
|
$265,000
+0.04%
07/24/2020
|
Matt Davies
Big Block Realty, Inc.
| |
|
05/01/2019
|
2 Bed
|
2 Bath
|
856 ft²
|
$239,900
2 Bed
2 Bath
856 ft²
|
$237,000
-1.21%
06/26/2019
|
Thor Sorensen
Century 21 Award
| |
|
04/30/2018
|
2 Bed
|
1 Bath
|
806 ft²
|
$245,000
2 Bed
1 Bath
806 ft²
|
$245,000
07/30/2018
|
Griselda Rivera
Coldwell Banker Realty
| |
|
07/09/2017
| |
2 Bed
|
1 Bath
|
806 ft²
|
-
2 Bed
1 Bath
806 ft²
|
-
-
|
-
|
|
08/01/2015
|
2 Bed
|
2 Bath
|
856 ft²
|
$172,000
2 Bed
2 Bath
856 ft²
|
$168,220
-2.20%
02/01/2016
|
Kurt Wannebo
eXp Realty of California, Inc
|
Building Info
- 1 Unit for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017