$699,000
●
Condo -
Off Market
1 Surf Way #122
Monterey, CA 93940
1 Bed
1 Bath
718 Ft²
$1,048,546
RealtyHop Estimate
50.01%
Since May 1, 2016
CA-San Francisco
Primary Model
About This Property
Paradise! Beautiful, lower level condo features breathtaking white
water ocean views to Santa Cruz. Coveted location in oceanfront
building, off the beaten path, and literally steps from the sand &
private beach access. Rare 2nd deck off large bedroom, with
close-up beach views, Monterey in the distance. Stainless
appliances, marble counters, teak laminate floors. Gated complex in
Del Monte Beach offers resort living, with pools, spas, sauna, gym
& game rooms. Spot dolphins by day, and fall asleep to the sounds
of the surf!
Unit Size
718 Ft²
Days on Market
115 days
Land Size
-
Price per sqft
$974
Property Type
Condo
Property Taxes
-
HOA Dues
$712
Year Built
1993
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 years ago (MLSListings Inc. #ML81545774)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 13, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by Coldwell Banker Realty | $760,000 | |
| Listed by Coldwell Banker Realty | |||
| | |||
|
BAY VIEWS!!! Beautiful, lower level condo features breathtaking white water ocean views to Santa Cruz. Literally steps from the sand & private beach access. Coveted location in oceanfront building, off the beaten path, and rare 2nd deck off the large bedroom, with close-up beach views, Monterey in the distance. There is also Washer & Dryer INSIDE the unit (rare for these condos). Stainless steel appliances, marble counters, newly remodeled bathroom. A true masterpiece!!! Gated complex in Del Monte Beach offers resort living, with pools, spas, sauna, gym & game rooms. Stroll along the beach to Fishermans Wharf..... Spot dolphins by day, and fall asleep to the sounds of the surf!
| |||
| Apr 25, 2016 | Sold | ||
| Sold | |||
| Jan 1, 2016 | Listed by Sotheby's International Realty | $699,000 | |
| Listed by Sotheby's International Realty | |||
Property Highlights
Garage
Parking Available
With View
Parking Details
Has Carport
Parking Features: Covered, Carport, Guest, Gated
Interior Details
Full Bathrooms: 1
Interior Features: Breakfast Bar
Appliances: Dishwasher, Disposal, Microwave, Range Hood, Self Cleaning Oven, Vented Exhaust Fan
Flooring Type: Laminate
Exterior Details
Square Footage: 718
Square Footage Source: $0
Security Features: Security Lights
Architectural Style: Contemporary
Year Built Source: Other
Year Built: 1993
Building Name: Ocean Harbor House
Patio and Porch Features: Deck
Pool Features: Community, Fenced, Heated, In Ground, Association
Water Source: Public
Utilities Details
Cooling Type: None
Heating Type: Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: Earthquake Insurance
HOA/Condo/Coop Amenities: Billiard Room, Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Security, Trash
HOA Fee: $712
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/14/2025
|
1 Bed
|
1 Bath
|
478 ft²
|
$645,000
1 Bed
1 Bath
478 ft²
|
$645,000
03/28/2025
|
Grace Merritt
Sea & Oak Properties
| |
|
12/16/2024
|
1 Bed
|
1 Bath
|
478 ft²
|
$949,000
1 Bed
1 Bath
478 ft²
|
$940,000
-0.95%
02/20/2025
|
Susan Spiegel
Keller Williams Realty
| |
|
04/05/2023
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,450,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Susan Spiegel
Keller Williams Realty
|
|
05/13/2022
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,400,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
Shanne Carvalho
Christie's International Real Estate Sereno
|
|
05/08/2020
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$899,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
08/25/2021
|
2 Bed
|
2 Bath
|
1023 ft²
|
$1,150,000
2 Bed
2 Bath
1023 ft²
|
$1,185,000
+3.04%
09/17/2021
|
Susan Spiegel
KW Coastal Estates
| |
|
07/22/2020
|
2 Bed
|
2 Bath
|
1023 ft²
|
$857,500
2 Bed
2 Bath
1023 ft²
|
$857,500
07/22/2020
|
Ryan Melcher
Sotheby's International Realty
| |
|
03/25/2019
| |
2 Bed
|
2 Bath
|
1023 ft²
|
$1,095,000
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
04/02/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$589,000
1 Bed
1 Bath
478 ft²
|
$580,000
-1.53%
06/21/2018
|
Christina Medina
Sotheby's Int'l Realty-Rancho
| |
|
03/16/2018
|
1 Bed
|
1 Bath
|
710 ft²
|
$760,000
1 Bed
1 Bath
710 ft²
|
$750,000
-1.32%
06/13/2018
|
Annette Boggs
Above and Beyond Real Estate
| |
|
02/27/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$565,000
1 Bed
1 Bath
478 ft²
|
$575,000
+1.77%
03/28/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
01/13/2018
|
1 Bed
|
1 Bath
|
478 ft²
|
$549,900
1 Bed
1 Bath
478 ft²
|
$559,000
+1.65%
06/11/2018
|
Mark Delano Vincent
Coldwell Banker Realty
| |
|
11/27/2017
|
1 Bed
|
1 Bath
|
478 ft²
|
$585,000
1 Bed
1 Bath
478 ft²
|
$565,000
-3.42%
01/16/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
07/09/2017
| |
2 Bed
|
2 Bath
|
1023 ft²
|
-
2 Bed
2 Bath
1023 ft²
|
-
-
|
-
|
|
06/18/2017
|
2 Bed
|
2 Bath
|
1023 ft²
|
$729,000
2 Bed
2 Bath
1023 ft²
|
$729,000
09/24/2017
|
Susan Spiegel
Keller Williams Realty
| |
|
04/11/2017
|
1 Bed
|
1 Bath
|
718 ft²
|
$765,000
1 Bed
1 Bath
718 ft²
|
$775,000
+1.31%
05/18/2017
|
Susan Spiegel
KW Coastal Estates
| |
|
03/28/2017
|
2 Bed
|
2 Bath
|
1083 ft²
|
$805,000
2 Bed
2 Bath
1083 ft²
|
$785,000
-2.48%
08/18/2017
|
Ryan Melcher
Sotheby's International Realty
| |
|
01/01/2016
|
1 Bed
|
1 Bath
|
718 ft²
|
$699,000
1 Bed
1 Bath
718 ft²
|
$699,000
04/25/2016
|
Annette Boggs
Above and Beyond Real Estate
| |
|
11/30/-0001
| |
2 Bed
|
2 Bath
|
1083 ft²
|
$995,000
2 Bed
2 Bath
1083 ft²
|
-
-
|
-
|
Building Info
About Del Monte Beach
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Listed by: Annette Boggs, Sotheby's International Realty
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81545774
Last Updated: 2 years ago
Data Source: CRMLS, MLS# ML81545774
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