125 Surf Way #331
About This Property
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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 provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 4, 2024 | Sold | ||
| Sold | |||
| Sep 7, 2024 | In contract | - | |
| In contract | |||
| Feb 5, 2024 | Listed by Sotheby's International Realty | $1,170,000 | |
| Listed by Sotheby's International Realty | |||
| Nov 15, 2021 | Sold | ||
| Sold | |||
| Aug 16, 2021 | Listed by KW Coastal Estates | $788,000 | |
| Listed by KW Coastal Estates | |||
| | |||
|
New! Large 1-bedroom condo in Monterey's luxury beachfront complex offers vistas of pristine Monterey Bay by day and twinkling city lights by night. Many upgrades- gorgeous like-new LVP floors, fireplace wall hand-crafted with barn wood fronting an electric insert, crown moldings, baseboards, newer light fixtures, closet doors, etc. Open layout allows easy flow from the kitchen to the living area and there is indoor laundry and a larger outdoor deck. Easy access single-level ground floor location with covered parking in front. The complex includes 2 heated pools, fitness room, club rooms, game rooms, sauna, spa, car wash area, extra storage. Don't miss this opportunity to own a piece of paradise, either as a full-time home or an idyllic getaway.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/28/2026
|
1 Bed
|
1 Bath
|
513 ft²
|
$650,000
1 Bed
1 Bath
513 ft²
|
$640,000
-1.54%
06/08/2026
|
Ben Ottmar
James M. Frangella, Broker
| |
|
02/12/2026
|
1 Bed
|
1 Bath
|
513 ft²
|
$589,000
1 Bed
1 Bath
513 ft²
|
$555,000
-5.77%
06/26/2026
|
Susan Spiegel
Keller Williams Realty
| |
|
09/02/2025
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,150,000
2 Bed
2 Bath
1214 ft²
|
$1,097,675
-4.55%
10/22/2025
|
Joe Gallagher
Sotheby's International Realty
| |
|
08/21/2025
|
1 Bed
|
1 Bath
|
830 ft²
|
$795,000
1 Bed
1 Bath
830 ft²
|
$795,000
08/21/2025
|
Susan Spiegel
Keller Williams Realty
| |
|
04/17/2025
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,225,000
2 Bed
2 Bath
1214 ft²
|
$1,150,000
-6.12%
06/06/2025
|
Kori Lukasko
Compass
| |
|
02/09/2025
|
1 Bed
|
1 Bath
|
513 ft²
|
$710,000
1 Bed
1 Bath
513 ft²
|
$600,000
-15.49%
11/18/2025
|
Susan Spiegel
Keller Williams Realty
| |
|
09/16/2024
|
1 Bed
|
1 Bath
|
830 ft²
|
$830,000
1 Bed
1 Bath
830 ft²
|
$795,000
-4.22%
02/11/2025
|
Stephanie Hicks
Intero Real Estate Services
| |
|
04/01/2024
| |
1 Bed
|
1 Bath
|
513 ft²
|
$898,000
1 Bed
1 Bath
513 ft²
|
-
-
|
Monica Browning
Sotheby's International Realty
|
|
02/05/2024
|
1 Bed
|
1 Bath
|
830 ft²
|
$1,170,000
1 Bed
1 Bath
830 ft²
|
$1,110,000
-5.13%
10/04/2024
|
Joe Gallagher
Sotheby's International Realty
| |
|
03/19/2023
| |
1 Bed
|
1 Bath
|
539 ft²
|
$840,000
1 Bed
1 Bath
539 ft²
|
-
-
|
Susan Spiegel
Keller Williams Realty
|
|
05/24/2022
|
1 Bed
|
1 Bath
|
630 ft²
|
$850,000
1 Bed
1 Bath
630 ft²
|
$850,000
05/25/2022
|
Susan Spiegel
Keller Williams Realty
| |
|
06/01/2020
| |
3 Bed
|
2 Bath
|
1602 ft²
|
$895,000
3 Bed
2 Bath
1602 ft²
|
-
-
|
-
|
|
08/16/2021
|
1 Bed
|
1 Bath
|
830 ft²
|
$788,000
1 Bed
1 Bath
830 ft²
|
$755,000
-4.19%
11/15/2021
|
Susan Spiegel
Keller Williams Realty
| |
|
07/02/2021
|
2 Bed
|
2 Bath
|
1214 ft²
|
$1,100,000
2 Bed
2 Bath
1214 ft²
|
$1,150,000
+4.55%
07/27/2021
|
Susan Spiegel
Keller Williams Realty
| |
|
01/08/2021
|
2 Bed
|
2 Bath
|
1218 ft²
|
$830,000
2 Bed
2 Bath
1218 ft²
|
$830,000
01/08/2021
|
Susan Spiegel
Keller Williams Realty
| |
|
07/04/2020
|
1 Bed
|
1 Bath
|
830 ft²
|
$660,000
1 Bed
1 Bath
830 ft²
|
$650,000
-1.52%
08/18/2020
|
Susan Spiegel
Keller Williams Realty
| |
|
05/31/2020
|
3 Bed
|
2 Bath
|
1602 ft²
|
$895,000
3 Bed
2 Bath
1602 ft²
|
$870,000
-2.79%
09/11/2020
|
Renee Patterson
Intero Real Estate Services
| |
|
10/15/2019
|
1 Bed
|
1 Bath
|
830 ft²
|
$525,000
1 Bed
1 Bath
830 ft²
|
$475,000
-9.52%
07/30/2020
|
Laura Ansley
Coldwell Banker Realty
| |
|
05/15/2018
| |
1 Bed
|
1 Bath
|
830 ft²
|
-
1 Bed
1 Bath
830 ft²
|
-
-
|
-
|
|
03/01/2019
|
1 Bed
|
1 Bath
|
513 ft²
|
$499,000
1 Bed
1 Bath
513 ft²
|
$470,000
-5.81%
12/18/2019
|
Susan Spiegel
Keller Williams Realty
| |
|
01/18/2019
|
1 Bed
|
1 Bath
|
511 ft²
|
$574,950
1 Bed
1 Bath
511 ft²
|
$575,000
+0.01%
04/05/2019
|
Stephen Barsanti
Intero Real Estate Services
| |
|
09/15/2018
|
1 Bed
|
1 Bath
|
513 ft²
|
$449,000
1 Bed
1 Bath
513 ft²
|
$415,000
-7.57%
06/28/2019
|
Susan Lubin-Brownlie
Coldwell Banker/Gay Dales
| |
|
06/26/2018
|
2 Bed
|
2 Bath
|
1214 ft²
|
$839,000
2 Bed
2 Bath
1214 ft²
|
$807,500
-3.75%
08/15/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
04/03/2018
|
3 Bed
|
2 Bath
|
1602 ft²
|
$949,000
3 Bed
2 Bath
1602 ft²
|
$949,000
05/16/2018
|
Susan Spiegel
Keller Williams Realty
| |
|
01/08/2018
|
1 Bed
|
1 Bath
|
533 ft²
|
$539,000
1 Bed
1 Bath
533 ft²
|
$522,000
-3.15%
02/16/2018
|
Becky Jones
Shankle Real Estate
| |
|
10/09/2017
|
1 Bed
|
1 Bath
|
830 ft²
|
$675,000
1 Bed
1 Bath
830 ft²
|
$675,000
11/22/2017
|
Susan Spiegel
Keller Williams Realty
| |
|
07/28/2017
| |
1 Bed
|
1 Bath
|
511 ft²
|
-
1 Bed
1 Bath
511 ft²
|
-
-
|
-
|
|
08/29/2017
|
1 Bed
|
1 Bath
|
585 ft²
|
$599,000
1 Bed
1 Bath
585 ft²
|
$600,000
+0.17%
10/30/2017
|
Susan Spiegel
Keller Williams Realty
| |
|
07/23/2017
|
1 Bed
|
1 Bath
|
511 ft²
|
$415,000
1 Bed
1 Bath
511 ft²
|
$415,000
08/30/2017
|
Annette Boggs
Above and Beyond Real Estate
| |
|
01/16/2017
|
2 Bed
|
2 Bath
|
1214 ft²
|
$909,000
2 Bed
2 Bath
1214 ft²
|
$900,000
-0.99%
03/24/2017
|
Eugene Andruchowicz
CENTURY 21 Masters
| |
|
12/22/2016
|
1 Bed
|
1 Bath
|
513 ft²
|
$417,500
1 Bed
1 Bath
513 ft²
|
$400,000
-4.19%
06/29/2017
|
Arleen Hardenstein
Sotheby's Int'l Realty-PG
| |
|
05/22/2013
|
1 Bed
|
1 Bath
|
513 ft²
|
$349,000
1 Bed
1 Bath
513 ft²
|
$307,000
-12.03%
02/28/2014
|
JR Rouse
Sotheby's International Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017