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571 Sand Point Road
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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 |
|---|---|---|---|
| Oct 22, 2026 | Listed by Carolwood Estates | $33,995,000 | |
| Listed by Carolwood Estates | |||
| Jun 6, 2019 | Sold | ||
| Sold | |||
| Jun 25, 2018 | Listed by Berkshire Hathaway HomeService | $26,500,000 | |
| Listed by Berkshire Hathaway HomeService | |||
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This magnificent Cape Cod-style oceanfront estate features a wondrous home and comfortable, private guest house on nearly 1.5 acres in the prestigious gated Sand Point beach colony near Montecito, CA. Facing approx +/- 120 ft. of beach frontage, the main residence offers 3 bedrooms and 3 full baths plus 2 half-baths. The charming guest house provides a bedroom, bathroom, living room and kitchen. An elevator in the main residence serves a lower level. The expansive wraparound deck and on-deck spa overlook the ocean and pristine beach, while a refreshing lap pool offers views of the revered Carpinteria Salt Marsh Reserve, and beyond to the mountains. Overall, this spectacular estate is a masterpiece of design & craftsmanship. The list of amenities, tasteful accouterments, and convenient recreational, social and cultural options goes on and on. Suffice it to say that this magnificent Cape Cod-style oceanfront estate is nothing short of magical.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017