10 MONTERREY DRIVE
About This Property
Inside, the functional floor plan offers a blend of formal and casual living spaces. A formal dining room is positioned just off the entry, while a separate family room with a half bath and corridor laundry room provides additional flexibility and direct access to the garage. Upstairs, two guest bedrooms share a full bathroom, creating comfortable accommodations for family and guests.
The main living area and spacious kitchen overlook the rear patio and golf course beyond. The kitchen features abundant cabinetry, tile countertops, a built-in desk area, and ample prep and storage space. Wood-look flooring extends throughout the main living space and continues into the first-floor primary suite, which includes a walk-in closet, dual vanities, a jetted soaking tub, and a walk-in tiled shower.
French doors lead to a covered and screened tile patio overlooking the Hammock Dunes Links Course, offering a peaceful outdoor setting framed by lush landscaping and mature trees. With solid bones, a desirable layout, and an outstanding location within Hammock Dunes, this home presents an excellent opportunity for a buyer to update and create their own private coastal retreat.
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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 |
|---|---|---|---|
| Jul 29, 2026 | Price Decreased |
$619,000
↓ $70K
(10.2%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$689,000
↓ $26K
(3.6%) | |
| Price Decreased | |||
| May 18, 2026 | Listed by COASTAL GATEWAY REAL ESTATE GR | $715,000 | |
| Listed by COASTAL GATEWAY REAL ESTATE GR | |||
| Feb 24, 2014 | Sold | ||
| Sold | |||
| Dec 22, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017