116 San Fernando Drive
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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 |
|---|---|---|---|
| May 4, 2023 | Sold | ||
| Sold | |||
| Jan 13, 2023 | Listed by Keller Williams Shore Properties | $830,000 | |
| Listed by Keller Williams Shore Properties | |||
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Featured listing...Monterey Beach is where it is in the summer. Small private beach community has it all. This turn key home (see agent notes for exclusions) is everything you are looking and a short walk to the beach or the bay. Cathedral ceilings in the living room and kitchen gives this house a very open feel. Easy maintenance for the front and backyard. 2 Bedrooms downstairs and 2 bedrooms upstairs. Beach lover's dream with great natural light, open floor plan, spacious kitchen with newer appliances and a center island. Bathrooms have been eloquently renovated. The home's exterior features a large parking area, private fenced in yard which needs little maintenance, a shed for storage, and refreshing outdoor shower. There is already an EV hook up for a car! Let Summer of '23 be the best in this home
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| May 6, 2016 | Sold | ||
| Sold | |||
| Jan 20, 2016 | Listed by Keller Williams Shore Properties | $499,000 | |
| Listed by Keller Williams Shore Properties | |||
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Recently updated custom home located between the beach and the bay in desirable Monterey Beach. This 3 (possible 4)bedroom and two bath home is the beach lover's dream with lots of light,an open great room living space, spacious kitchen with new appliances and a center island. Bathrooms have been eloquently renovated. The home's exterior features a large parking area, a private fenced in yard that needs little maintenance,a shed for storage, and a refreshing outdoor shower. Come kick your feet up in this modern, yet beachy oasis.
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| Jun 27, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017