1001 David Avenue
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 |
|---|---|---|---|
| Oct 27, 2025 | Sold | ||
| Sold | |||
| Sep 30, 2025 | In contract | - | |
| In contract | |||
| Sep 4, 2025 | Listed by Coldwell Banker Realty | $839,000 | |
| Listed by Coldwell Banker Realty | |||
| Mar 31, 2023 | Sold | ||
| Sold | |||
| Feb 7, 2023 | Listed by Coldwell Banker Realty | $839,000 | |
| Listed by Coldwell Banker Realty | |||
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Perfect remodel opportunity in a wonderful town. Hailed as "The Last Hometown", with a quaint downtown, Pacific Grove is known for its old-fashioned charm, coveted school district and strong sense of community. This charming and cozy, approximately 890 square foot bungalow, with two bedrooms, one bath, one car garage, with large attached storage room, is situated on an expansive, roughly 4,800 square foot corner lot. This home boasts a great floorplan, hardwood floors, a spacious living room, with an open beam ceiling, a freshly painted interior and newer kitchen flooring. The fenced patio is ideal for guests or loved ones to gather. The location is very convenient, with close proximity to schools, shopping and restaurants. The Monarch Butterfly Grove Sanctuary, recreation trail and beach are just minutes away. Enjoy very quick and easy access to Pebble Beach, Monterey and Carmel This is a remodel opportunity not to be missed! Bring your ideas and imagination.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017