1331 JULIO LANE
About This Property
Enjoy relaxing mornings on the front porch and take advantage of the spacious backyard-ideal for pets, play, or entertaining. Nestled in a quiet, established neighborhood, this home provides a sense of peace while still being conveniently located near shopping, dining, and major roadways.
Currently being remodeled, this property presents a great opportunity to own a refreshed home with thoughtful updates. The Seller will put on a NEW ROOF before closing, Electrical and Plumbing have already been updated.
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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 |
|---|---|---|---|
| Jul 13, 2026 | Sold | ||
| Sold | |||
| May 30, 2026 | In contract | - | |
| In contract | |||
| May 18, 2026 | No longer available | - | |
| No longer available | |||
| Apr 15, 2026 | Listed by LAWYERS REAL ESTATE | $329,900 | |
| Listed by LAWYERS REAL ESTATE | |||
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About Monterey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017