75424 Montecito Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Feb 27, 2020 | Listed by RE/MAX Consultants | $765,000 | |
| Listed by RE/MAX Consultants | |||
| | |||
|
HUGE PRICE REDUCTION! This one-of-a-kind remodelled view property offers midcentury style at an upscale Indian Wells address! Built in 1963, and brought back to life by its current owners, this gem boasts many unique features, including: a purchased whole-house solar system (providing a credit of around $700 per year); fire-proof roof with 4 layers of insulation; 4 bedrooms with en suites; designer porcelain tile throughout; massive Great Room with glass-filled fireplace and surround sound; front garden with drought-tolerant specimen plants; gourmet kitchen with slab granite counters, breakfast bar, massive pantry, Bosch Refrigerator, Cooktop, Oven and Dishwasher and Z-Line exhaust hood; LG Washer and Dryer in separate Laundry Room; and designer ceiling fans throughout the home. One of the bedrooms, which has done double-duty as a gym, is equipped with a murphy bed. Master Bath and closet boast new cabinets, and Master Bath has new tile and glass shower enclosure. The saltwater pool (a combo lap pool/standard pool) and spa provide a focal point for the whole house, and each is equipped with Pentair variable speed pumps. Call to see this beauty today!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Rancho Palmeras Estates
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$7,600 /mo
- 3 Beds
- 2 Baths
- 1,821 ft²
$6,500 /mo
- 3 Beds
- 2 Baths
- 1,921 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017