6324 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 |
|---|---|---|---|
| Dec 10, 2024 | Sold | ||
| Sold | |||
| Nov 22, 2024 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Bressi Ranch Realty | $2,650,000 | |
| Listed by Bressi Ranch Realty | |||
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This stunning view home is nestled on a premium Bressi Ranch street, inviting you to experience the perfect blend of comfort and convenience. Relax and unwind on the welcoming covered front porch, featuring custom brickwork and a charming bench swing. Inside, warm wood floors lead you through a thoughtfully designed floor plan, where natural light dances across every space. The first-floor bedroom with an en-suite bath offers privacy and convenience, perfect for guests or multigenerational living. Upstairs, a versatile loft provides an ideal setting for a home office, media room, play space, or an easy conversion to a sixth bedroom. The heart of the home—a chef’s kitchen—features sleek quartz countertops, updated cabinets, premium appliances, and ample space to inspire your culinary creativity. Whether hosting gatherings or creating intimate meals, this kitchen is your canvas for unforgettable experiences. Panoramic views draw you outside to your private oasis, where an outdoor fireplace sets the stage for cozy evenings under the stars. The low-maintenance yard, with artificial turf and custom brickwork, lets you spend less time on upkeep and more time enjoying your outdoor lifestyle. The oversized four-car garage provides plenty of room to store all of your gear, keeping everything organized and ready for your next adventure. Energy-efficient updates include a fully owned solar system and new AC units, ensuring year-round comfort and cost savings. Bressi Ranch offers the best of community living: walk to shopping and dining at Bressi Village, the Bressi Ranch Community Pool, parks, Poinsettia Elementary, and Pacific Ridge School. Just minutes away, you'll find the pristine beaches of Carlsbad, world-class golf at La Costa Resort and the Park Hyatt Aviara, and the excitement of Legoland.
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| Apr 16, 2014 | Sold | ||
| Sold | |||
| Feb 26, 2014 | Listed by Coldwell Banker Res Brokerage | $1,199,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017