1067 Padre Drive #1
About This Property
Listed By
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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%.
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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 |
|---|---|---|---|
| Apr 30, 2026 | Listed by Platinum Realtors | $589,000 | |
| Listed by Platinum Realtors | |||
| May 24, 2022 | Sold | ||
| Sold | |||
| Mar 23, 2022 | Listed by Sotheby's International Realty | $599,000 | |
| Listed by Sotheby's International Realty | |||
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Welcome home to this lovingly maintained 1,287 square feet condominium in the desirable South Salinas location. This quiet ground floor, end unit is positioned in the backside of complex allowing for privacy and comfortable living. This charming single level condominium has two sizable bedrooms with an oversized walk in closet and two full bathrooms. The versatile floorplan features a living room with a gas starter granite fireplace, dining room, eat in kitchen, walk in pantry, abundance of storage, in-unit laundry room and a single car garage. Enjoy the generously sized three patios off the living room, kitchen and bedroom. The enclosed patios offer peace and solitude for relaxing easy living. The complex has a club house , billiards room and the HOA pays for water. The prime location is a short stroll to shopping , restaurants and all your convenience needs.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/23/2022
|
2 Bed
|
2 Bath
|
1287 ft²
|
$599,000
2 Bed
2 Bath
1287 ft²
|
$575,000
-4.01%
05/24/2022
|
Teresa Giammanco
Coldwell Banker Realty
| |
|
05/01/2021
| |
2 Bed
|
1 Bath
|
1130 ft²
|
$400,000
2 Bed
1 Bath
1130 ft²
|
-
-
|
Maria Barrera
REGIONAL REAL ESTATE
|
|
01/21/2015
|
2 Bed
|
2 Bath
|
1181 ft²
|
$349,000
2 Bed
2 Bath
1181 ft²
|
$335,000
-4.01%
05/12/2015
|
Leslie DeLuca
Compass
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017