6307 Montecito 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 |
|---|---|---|---|
| Jun 17, 2016 | Sold | ||
| Sold | |||
| Mar 22, 2016 | Listed by The Lund Team, Inc | $1,275,000 | |
| Listed by The Lund Team, Inc | |||
| Oct 2, 2015 | Sold | ||
| Sold | |||
| Apr 12, 2015 | Listed by HomeSmart Realty West | $1,100,000 | |
| Listed by HomeSmart Realty West | |||
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Major Price Reduction. Seller wants Sold! Stunning Estate Home located in Prestigious Cassia of Bressi Ranch. Located on one of the highest streets in Bressi Ranch and a short walk to Town Center including Trader Joes, Tommy V's, Chase Bank & so much more. This extraordinary home offers 5 BD/4.5 BA, loft and tech center. A gourmet kitchen includes a commercial range, SS appliances, granite counter tops and a large island. This corner lot offers a large back yard and peaceful setting. Welcome Home! Neighborhoods: Bressi Ranch Complex Features: ,,,,,, Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017