1
Map
101 Shell Drive #22
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| Jun 13, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$1,025,000
↓ $25K
(2.4%) | |
| Price Decreased | |||
| Mar 17, 2026 | Listed by Pajaro Dunes | $1,050,000 | |
| Listed by Pajaro Dunes | |||
| |||
|
Stunning ocean views are included along with all furnishings in this lovely beach front, 2nd floor unit. Located in central Monterey Bay means a short drive to Carmel or Santa Cruz. Private gated vacation homes on miles of beachfront. Stroll the beach, play tennis or pickleball, bird watch or just relax. Experience coastal living at its finest.
| |||
| Sep 28, 2012 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/03/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$789,000
2 Bed
2 Bath
1040 ft²
|
$789,000
08/10/2026
|
Krissy Kroleski
Coldwell Banker Realty
| |
|
06/03/2026
|
2 Bed
|
2 Bath
|
1052 ft²
|
$850,000
2 Bed
2 Bath
1052 ft²
|
$880,000
+3.53%
06/29/2026
|
Natalia Lockwood
David Lyng Real Estate
| |
|
05/26/2026
|
2 Bed
|
2 Bath
|
1136 ft²
|
$425,000
2 Bed
2 Bath
1136 ft²
|
$344,000
-19.06%
09/29/2026
|
Richard Seadler
Pajaro Dunes
| |
|
05/22/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,235,000
2 Bed
2 Bath
1040 ft²
|
$1,225,000
-0.81%
06/26/2026
|
Shawndy Linquist
Compass
| |
|
05/08/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$875,000
2 Bed
2 Bath
1040 ft²
|
$875,000
05/08/2026
|
Natalia Lockwood
David Lyng Real Estate
| |
|
04/22/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,150,000
2 Bed
2 Bath
1040 ft²
|
$1,085,000
-5.65%
06/30/2026
|
Richard Seadler
Pajaro Dunes
| |
|
04/17/2026
|
1 Bed
|
1 Bath
|
800 ft²
|
$725,000
1 Bed
1 Bath
800 ft²
|
$725,000
07/02/2026
|
Natalia Lockwood
David Lyng Real Estate
| |
|
04/01/2026
| |
2 Bed
|
2 Bath
|
1040 ft²
|
$795,000
2 Bed
2 Bath
1040 ft²
|
$762,000
-4.15%
06/01/2026
|
Richard Seadler
Pajaro Dunes
|
|
03/26/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$798,000
2 Bed
2 Bath
1040 ft²
|
$850,000
+6.52%
04/20/2026
|
Marlene Rodman
Golden Gate Sotheby's International Realty
| |
|
03/17/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,050,000
2 Bed
2 Bath
1040 ft²
|
$980,000
-6.67%
06/26/2026
|
Richard Seadler
Pajaro Dunes
| |
|
03/12/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$789,000
2 Bed
2 Bath
1040 ft²
|
$782,000
-0.89%
04/22/2026
|
Richard Seadler
Pajaro Dunes
| |
|
02/26/2026
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,245,000
2 Bed
2 Bath
1040 ft²
|
$1,172,500
-5.82%
05/28/2026
|
Natalia Lockwood
David Lyng Real Estate
| |
|
02/18/2026
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,295,000
2 Bed
2 Bath
1052 ft²
|
$1,150,000
-11.20%
05/19/2026
|
John Summers
Summers Real Estate
| |
|
11/12/2025
|
2 Bed
|
2 Bath
|
1052 ft²
|
$255,000
2 Bed
2 Bath
1052 ft²
|
$255,000
03/27/2026
|
Richard Seadler
Pajaro Dunes
| |
|
09/24/2025
|
2 Bed
|
2 Bath
|
1370 ft²
|
$1,499,000
2 Bed
2 Bath
1370 ft²
|
$1,300,000
-13.28%
01/30/2026
|
Lacey Deverick
Windermere Valley Properties
| |
|
08/20/2025
|
1 Bed
|
1 Bath
|
842 ft²
|
$675,000
1 Bed
1 Bath
842 ft²
|
$670,000
-0.74%
10/17/2025
|
Richard Seadler
Pajaro Dunes
| |
|
07/03/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$925,000
1 Bed
1 Bath
800 ft²
|
$750,000
-18.92%
10/31/2025
|
Spomenka Zaninovich
Sunset Properties
| |
|
07/03/2025
|
1 Bed
|
1 Bath
|
840 ft²
|
$699,000
1 Bed
1 Bath
840 ft²
|
$675,000
-3.43%
09/19/2025
|
Gail Cruse
Sotheby's International Realty
| |
|
07/02/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$198,000
2 Bed
2 Bath
1040 ft²
|
$184,000
-7.07%
10/23/2025
|
Richard Seadler
Pajaro Dunes
| |
|
06/02/2025
|
2 Bed
|
2 Bath
|
1040 ft²
|
$545,000
2 Bed
2 Bath
1040 ft²
|
$545,000
06/02/2025
|
Richard Seadler
Pajaro Dunes
| |
|
05/19/2025
|
1 Bed
|
1 Bath
|
800 ft²
|
$895,000
1 Bed
1 Bath
800 ft²
|
$868,000
-3.02%
07/01/2025
|
Janet Russell Keller
David Lyng Real Estate
| |
|
05/19/2025
|
2 Bed
|
2 Bath
|
1052 ft²
|
$925,000
2 Bed
2 Bath
1052 ft²
|
$835,000
-9.73%
10/09/2025
|
Janet Russell Keller
David Lyng Real Estate
| |
|
05/02/2025
|
2 Bed
|
2 Bath
|
1370 ft²
|
$1,395,000
2 Bed
2 Bath
1370 ft²
|
$1,250,000
-10.39%
11/10/2025
|
Natalia Lockwood
David Lyng Real Estate
| |
|
03/04/2025
|
2 Bed
|
2 Bath
|
1052 ft²
|
$975,000
2 Bed
2 Bath
1052 ft²
|
$840,000
-13.85%
10/06/2025
|
Natalia Lockwood
David Lyng Real Estate
| |
|
03/02/2025
|
1 Bed
|
1 Bath
|
842 ft²
|
$749,950
1 Bed
1 Bath
842 ft²
|
$630,000
-15.99%
09/29/2025
|
William Lister
Coldwell Banker Realty
| |
|
12/05/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$1,300,000
2 Bed
2 Bath
1070 ft²
|
$1,275,000
-1.92%
12/12/2024
|
Gregg Camp
Property In Santa Cruz
| |
|
08/23/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,170,000
2 Bed
2 Bath
1040 ft²
|
$975,000
-16.67%
02/26/2025
|
Elizabeth Stevens-asplund
Miritz & Bailey Real Estate, Inc
| |
|
08/09/2024
|
2 Bed
|
2 Bath
|
1052 ft²
|
$350,000
2 Bed
2 Bath
1052 ft²
|
$350,000
08/09/2024
|
Natalia Lockwood
David Lyng Real Estate
| |
|
06/28/2024
|
2 Bed
|
2 Bath
|
1040 ft²
|
$205,000
2 Bed
2 Bath
1040 ft²
|
$197,500
-3.66%
08/19/2024
|
Richard Seadler
Pajaro Dunes
| |
|
06/24/2024
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,284,000
2 Bed
2 Bath
1052 ft²
|
$1,180,000
-8.10%
10/28/2024
|
Janet Russell Keller
David Lyng Real Estate
| |
|
06/07/2024
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,275,000
2 Bed
2 Bath
1052 ft²
|
$1,275,000
06/21/2024
|
Keith Levine
Keith Levine, Realtor
| |
|
03/26/2021
| |
2 Bed
|
2 Bath
|
1040 ft²
|
$899,000
2 Bed
2 Bath
1040 ft²
|
-
-
|
-
|
|
05/08/2023
|
2 Bed
|
2 Bath
|
1040 ft²
|
$185,000
2 Bed
2 Bath
1040 ft²
|
$189,000
+2.16%
06/02/2023
|
Keith Levine
Keith Levine, Realtor
| |
|
08/11/2022
|
2 Bed
|
2 Bath
|
1370 ft²
|
$1,549,000
2 Bed
2 Bath
1370 ft²
|
$1,585,000
+2.32%
09/15/2022
|
Keith Levine
Keith Levine, Realtor
| |
|
06/10/2022
|
2 Bed
|
2 Bath
|
1040 ft²
|
$1,265,000
2 Bed
2 Bath
1040 ft²
|
$1,265,000
10/04/2022
|
Alistair Craft
Sereno
| |
|
12/20/2021
|
2 Bed
|
2 Bath
|
1040 ft²
|
$380,000
2 Bed
2 Bath
1040 ft²
|
$380,000
12/20/2021
|
Krissy Kroleski
Coldwell Banker Realty
| |
|
08/31/2021
|
2 Bed
|
2 Bath
|
1052 ft²
|
$1,099,000
2 Bed
2 Bath
1052 ft²
|
$1,132,500
+3.05%
09/17/2021
|
Richard Seadler
Pajaro Dunes
| |
|
11/02/2020
|
2 Bed
|
2 Bath
|
1052 ft²
|
$899,000
2 Bed
2 Bath
1052 ft²
|
$1,000,000
+11.23%
12/01/2020
|
Keith Levine
Keith Levine, Realtor
| |
|
07/02/2020
| |
2 Bed
|
2 Bath
|
1052 ft²
|
$799,000
2 Bed
2 Bath
1052 ft²
|
-
-
|
-
|
|
11/10/2019
|
1 Bed
|
1 Bath
|
842 ft²
|
$709,000
1 Bed
1 Bath
842 ft²
|
$700,000
-1.27%
12/20/2019
|
Richard Seadler
Pajaro Dunes
| |
|
10/09/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$859,500
2 Bed
2 Bath
1052 ft²
|
$875,000
+1.80%
11/27/2019
|
Richard Seadler
Pajaro Dunes
| |
|
08/29/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$128,500
2 Bed
2 Bath
1040 ft²
|
$125,000
-2.72%
11/26/2019
|
Richard Seadler
Pajaro Dunes
| |
|
07/03/2019
|
2 Bed
|
2 Bath
|
1040 ft²
|
$870,000
2 Bed
2 Bath
1040 ft²
|
$870,000
07/03/2019
|
Hossein Jalali
Coldwell Banker
| |
|
03/08/2019
|
1 Bed
|
1 Bath
|
842 ft²
|
$285,000
1 Bed
1 Bath
842 ft²
|
$280,000
-1.75%
06/28/2019
|
Richard Seadler
Pajaro Dunes
| |
|
02/19/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$165,000
2 Bed
2 Bath
1052 ft²
|
$160,000
-3.03%
04/08/2019
|
Richard Seadler
Pajaro Dunes
| |
|
01/29/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$825,000
2 Bed
2 Bath
1052 ft²
|
$795,000
-3.64%
04/25/2019
|
Gail Cruse
Sotheby's International Realty
| |
|
12/14/2018
|
1 Bed
|
1 Bath
|
842 ft²
|
$823,000
1 Bed
1 Bath
842 ft²
|
$785,000
-4.62%
01/29/2019
|
Gail Cruse
Sotheby's International Realty
| |
|
11/14/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$585,000
2 Bed
2 Bath
1040 ft²
|
$557,000
-4.79%
04/25/2019
|
Gail Cruse
Sotheby's International Realty
| |
|
10/03/2018
|
2 Bed
|
2 Bath
|
1050 ft²
|
$210,000
2 Bed
2 Bath
1050 ft²
|
$195,000
-7.14%
11/30/2018
|
Keith Levine
Keith Levine, Realtor
| |
|
09/07/2018
|
1 Bed
|
1 Bath
|
842 ft²
|
$580,000
1 Bed
1 Bath
842 ft²
|
$568,000
-2.07%
10/26/2018
|
Gail Cruse
Sotheby's International Realty
| |
|
09/07/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$630,000
2 Bed
2 Bath
1052 ft²
|
$600,000
-4.76%
11/09/2018
|
Gail Cruse
Sotheby's International Realty
| |
|
08/30/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$899,000
2 Bed
2 Bath
1040 ft²
|
$825,000
-8.23%
11/08/2018
|
Greg Lukina
David Lyng Real Estate
| |
|
07/14/2018
|
22 Bed
|
2 Bath
|
1100 ft²
|
$140,000
22 Bed
2 Bath
1100 ft²
|
$140,000
07/16/2018
|
Gail Cruse
Sotheby's International Realty
| |
|
06/27/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$624,900
2 Bed
2 Bath
1052 ft²
|
$624,900
11/08/2018
|
Joe Matus
Sunset Properties
| |
|
06/25/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$829,000
2 Bed
2 Bath
1052 ft²
|
$800,000
-3.50%
08/20/2018
|
Richard Seadler
Pajaro Dunes
| |
|
05/16/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$585,000
2 Bed
2 Bath
1040 ft²
|
$585,000
07/09/2018
|
Kimberly Ward
KW Coastal Estates
| |
|
02/28/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$799,999
2 Bed
2 Bath
1040 ft²
|
$799,999
03/22/2018
|
Bahram Sassani
My Home Realty
| |
|
02/26/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$799,000
2 Bed
2 Bath
1040 ft²
|
$750,000
-6.13%
05/09/2018
|
Spomenka Zaninovich
Sunset Properties
| |
|
02/22/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$158,888
2 Bed
2 Bath
1052 ft²
|
$155,000
-2.45%
06/18/2018
|
Richard Seadler
Pajaro Dunes
| |
|
02/20/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$599,900
2 Bed
2 Bath
1040 ft²
|
$575,000
-4.15%
05/17/2018
|
Richard Seadler
Pajaro Dunes
| |
|
02/14/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$789,000
2 Bed
2 Bath
1040 ft²
|
$789,000
05/16/2018
|
Richard Seadler
Pajaro Dunes
| |
|
02/08/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$799,500
2 Bed
2 Bath
1052 ft²
|
$789,500
-1.25%
03/07/2018
|
Gail Cruse
Sotheby's International Realty
| |
|
02/07/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$799,000
2 Bed
2 Bath
1052 ft²
|
$775,000
-3.00%
04/21/2018
|
Brandy Banuelos
Sand Castle Properties
| |
|
01/12/2018
|
2 Bed
|
2 Bath
|
1052 ft²
|
$610,000
2 Bed
2 Bath
1052 ft²
|
$575,000
-5.74%
03/23/2018
|
Gail Cruse
Sotheby's International Realty
| |
|
01/08/2018
|
2 Bed
|
2 Bath
|
1040 ft²
|
$549,000
2 Bed
2 Bath
1040 ft²
|
$500,000
-8.93%
03/12/2018
|
Tony Azevedo
Century 21 MM, Watsonville
| |
|
01/05/2018
|
3 Bed
|
2 Bath
|
1409 ft²
|
$645,000
3 Bed
2 Bath
1409 ft²
|
$630,000
-2.33%
02/15/2018
|
Michael Kuhn
eXp Realty of California Inc
| |
|
08/01/2017
|
2 Bed
|
2 Bath
|
1409 ft²
|
$645,000
2 Bed
2 Bath
1409 ft²
|
$615,000
-4.65%
09/19/2017
|
Gail Cruse
Sotheby's International Realty
| |
|
07/16/2017
|
2 Bed
|
2 Bath
|
1052 ft²
|
$575,000
2 Bed
2 Bath
1052 ft²
|
$550,000
-4.35%
08/23/2017
|
Richard Seadler
Pajaro Dunes
| |
|
07/07/2017
|
2 Bed
|
2 Bath
|
1040 ft²
|
$119,000
2 Bed
2 Bath
1040 ft²
|
$119,000
09/05/2017
|
Richard Seadler
Pajaro Dunes
| |
|
05/31/2017
|
2 Bed
|
2 Bath
|
1052 ft²
|
$270,000
2 Bed
2 Bath
1052 ft²
|
$272,500
+0.93%
07/20/2017
|
Gail Cruse
Sotheby's International Realty
| |
|
05/01/2017
|
2 Bed
|
2 Bath
|
1052 ft²
|
$719,000
2 Bed
2 Bath
1052 ft²
|
$719,000
06/23/2017
|
John McCombs
David Lyng Real Estate
| |
|
03/01/2017
|
2 Bed
|
2 Bath
|
1040 ft²
|
$875,000
2 Bed
2 Bath
1040 ft²
|
$870,000
-0.57%
03/16/2017
|
Gail Cruse
Sotheby's International Realty
| |
|
02/01/2017
|
2 Bed
|
2 Bath
|
1100 ft²
|
$655,000
2 Bed
2 Bath
1100 ft²
|
$605,000
-7.63%
05/12/2017
|
Spomenka Zaninovich
Sunset Properties
| |
|
12/03/2015
|
2 Bed
|
2 Bath
|
1100 ft²
|
$550,000
2 Bed
2 Bath
1100 ft²
|
$525,000
-4.55%
01/20/2016
|
Gail Cruse
Sotheby's International Realty
| |
|
03/19/2014
|
4 Bed
|
3 Bath
|
2100 ft²
|
$1,395,000
4 Bed
3 Bath
2100 ft²
|
$1,300,000
-6.81%
07/01/2014
|
Gail Cruse
Sotheby's International Realty
| |
|
01/06/2014
|
2 Bed
|
2 Bath
|
1040 ft²
|
$635,000
2 Bed
2 Bath
1040 ft²
|
$620,000
-2.36%
02/28/2014
|
Arthur Lin
AEST Realty
| |
|
10/08/2013
|
1 Bed
|
1 Bath
|
840 ft²
|
$499,000
1 Bed
1 Bath
840 ft²
|
$479,000
-4.01%
11/26/2013
|
Gail Cruse
Sotheby's International Realty
| |
|
01/05/2011
|
2 Bed
|
2 Bath
|
1040 ft²
|
$749,000
2 Bed
2 Bath
1040 ft²
|
$720,000
-3.87%
09/28/2012
|
Gail Cruse
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017