1 Monterey 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 |
|---|---|---|---|
| May 16, 2025 | Sold | ||
| Sold | |||
| Mar 8, 2025 | In contract | - | |
| In contract | |||
| Feb 28, 2025 | Listed by VRI Homes | $499,900 | |
| Listed by VRI Homes | |||
| Oct 23, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by RE/MAX The Real Estate Leaders | $339,900 | |
| Listed by RE/MAX The Real Estate Leaders | |||
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WONDERFUL OPPORTUNITY TO PURCHASE THIS FOUR BEDROOM HOME SITUATED ON A TERRIFIC STREET IN HIGHLY ''SOUGHT AFTER'' WOODLAND PARK. BEAUTIFUL NEW KITCHEN WITH GRANITE COUNTERS, CUSTOM CABINETRY AND STAINLESS STEEL APPLIANCES INSTALLED IN 2019. UPDATED LARGE WINDOWS THROUGHOUT AND SLIDER TO YARD. UPDATED VINYL SIDING. SPACIOUS ROOMS. UPDATED ELECTRIC. SECURITY SYSTEM. AWESOME COMMUTER LOCATION. THIS HOME IS METICULOUSLY MAINTAINED AND IS READY TO SIMPLY PLACE YOUR FURNITURE. HURRY, THIS IS A TERRIFIC VALUE IN TODAY'S REAL ESTATE MARKET AND WILL NOT LAST.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017