141 Caledonia 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 |
|---|---|---|---|
| May 5, 2026 | Sold | ||
| Sold | |||
| Apr 24, 2026 | In contract | - | |
| In contract | |||
| Apr 13, 2026 | Listed by Carmel Realty Company | $1,140,000 | |
| Listed by Carmel Realty Company | |||
| Mar 24, 2023 | Sold | ||
| Sold | |||
| Jan 31, 2023 | Listed by Coldwell Banker Realty | $1,095,000 | |
| Listed by Coldwell Banker Realty | |||
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Quintessential Pacific Grove cottage just one block from Lover's Point, downtown's adorable shops, world-class dining options, and one of the most picturesque recreation trails in the world. Fully renovated, the home's charming features include a lovely fenced-in front yard, porch, Dutch door, bay window with built-in seat and storage, a gorgeous kitchen with modern appliances and butcher block countertops, beautifully updated bathroom, and back deck with additional storage. With Caledonia Park as your front yard and surrounded by all the amenities the Monterey Peninsula has to offer, this Pacific Grove jewel built in 1908 awaits its loving new owners to move in and start living the PG lifestyle.
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About Pacific Grove
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017