11585 Mccarthy Road
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 |
|---|---|---|---|
| Sep 10, 2026 | Price Decreased |
$1,299,000
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$1,349,000
↓ $50K
(3.6%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Backus Properties | $1,399,000 | |
| Listed by Backus Properties | |||
| Jul 8, 2021 | Sold | ||
| Sold | |||
| May 5, 2021 | Listed by Sotheby's International Realty | $1,200,000 | |
| Listed by Sotheby's International Realty | |||
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Youll enjoy gorgeous unobstructed views from this wonderful home nestled within the peace and privacy of the Hidden Hills neighborhood in Carmel Valley. This lovingly maintained property has abundant indoor as well as outdoor living space with mature landscaping, wrap-around patios, a beautiful arched portico off the master bedroom, and a spacious living room with wood burning stove and high floor to ceiling windows to take in the abundant natural light and stunning valley views to the south. There is also formal dining room and an inviting bright and sunny family room for additional space and privacy from the rest of the house. Located atop the Los Laureles Grade with easy midway access to both HW 68 and Carmel Valley and its amenities, yet tucked away and serene, away from the hustle and bustle of town yet just a short drive to Monterey, Carmel By-The-Sea, Laguna Seca, vineyards, tasting rooms, and walking trails.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017