849 Ashley Road
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 |
|---|---|---|---|
| May 5, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $10,850,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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In the verdant splendor of Montecito, a reimagined Spanish Colonial estate offers a retreat from the everyday while embodying the essence of a luxury getaway. Unified by the soothing soundtrack of nature, the open design, 4 bd/4 ba home is joined by a 2bd/1ba GH, sparkling pool & Japanese soaking tub all blending seamlessly w the outdoors on a dramatic & lushly landscaped acre of fruit trees, oaks & olives & presiding over magnificent views of the mountains & natural surroundings. At the center of this well designed residence, the dramatic LR is complemented by the chef's kitchen, great room, DR, guest suite, gym/office & media room on the ground floor. Upstairs the primary suite is a sanctuary w peeks of the ocean joined by two add'l bds offering privacy & comfort. Sunny & stylish in SB.
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| Mar 10, 2021 | Sold | ||
| Sold | |||
| Jan 11, 2021 | Listed by Berkshire Hathaway HomeServices California | $4,995,000 | |
| Listed by Berkshire Hathaway HomeServices California | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017