129 Santa Monica Avenue
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 |
|---|---|---|---|
| Jun 6, 2025 | Sold | ||
| Sold | |||
| May 29, 2025 | Price Increased |
$1,050,000
↑ $51K
(5.1%) | |
| Price Increased | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 8, 2025 | Listed by eXp Realty of California Inc | $999,000 | |
| Listed by eXp Realty of California Inc | |||
| Mar 4, 2025 | Listed | $1,099,900 | |
| Listed | |||
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Dreamy Beach Bungalow – Just 6 Homes from the Sand!
Welcome to your perfect slice of paradise—only 70 steps from the ocean on Silver Strand’s only street with direct beach access! This stunning, single-story Mid-Century Modern gem blends classic charm with sleek, modern updates. Soaring wood-beamed ceilings, sun-drenched open spaces, and a cozy fireplace create the ultimate beachside vibe. The brand-new chef’s kitchen flows into the airy living area, ideal for entertaining or relaxing after a sun-soaked day. Step outside to your private backyard oasis with a built-in deck—perfect for stargazing, gardening, or weekend barbecues.
Fully remodeled inside and out—new roof, windows, doors, flooring, kitchen, bath, and more—this home is 100% move-in ready. With a spacious bedroom and versatile bonus room for guests, work, or play, it offers the flexibility you need for full-time living or a dreamy weekend escape.
Enjoy daily beach walks, golden sunsets, and the laid-back coastal lifestyle. With parking for 3+ cars, unbeatable location, and total beach vibes, this Silver Strand stunner won’t last. Come live the beach life!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017