27
Map
115 Mar Vista Drive
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%.
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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.
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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 |
|---|---|---|---|
| Aug 6, 2026 | Sold | ||
| Sold | |||
| Jul 18, 2026 | In contract | - | |
| In contract | |||
| Jun 16, 2026 | Listed by Coldwell Banker Realty | $1,595,000 | |
| Listed by Coldwell Banker Realty | |||
| Jan 25, 2017 | Sold | ||
| Sold | |||
| Oct 27, 2016 | Listed by The Jones Group-Coast & Country Real Estate | $645,000 | |
| Listed by The Jones Group-Coast & Country Real Estate | |||
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Opportunity to renovate 1953 home with panoramic Monterey Bay views. Owned by same family for 40+ years. Located on a 7700 sf ft corner lot with convenient access to Highway 1 and Del Monte Shopping Center. Currently 2 bedrooms and 2 full bathrooms on single level. Multiple rooms with hardwood floors under carpeting. Bring a contractor and your vision to remodel and optimize this great view. "As - Is" sale. Reports available.
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About Monterey Vista
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017