1424 MONTERA ST
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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 = 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 |
|---|---|---|---|
| Oct 17, 2024 | Sold | ||
| Sold | |||
| Oct 5, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$959,000
↓ $66K
(6.4%) | |
| Price Decreased | |||
| Aug 6, 2024 | Listed by Redfin | $1,025,000 | |
| Listed by Redfin | |||
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This stunning two-story home with an attached 2-car garage features an open floor plan that flows seamlessly from the living room to the dining room, kitchen, and family room. The kitchen boasts granite countertops, a stylish backsplash, stainless steel appliances, and breakfast counter seating that opens to the family room with a cozy fireplace. The first level includes an optional office, while the upstairs hosts four bedrooms and a convenient laundry room. The primary bedroom offers beautiful views, a walk-in closet, and an en-suite bathroom with dual sinks, an oversized soaking tub, and a walk-in shower. Additional features include central air conditioning, marble tile throughout, wood flooring, and energy-efficient LED lighting. Enjoy the amenities of Wisteria Park(just across the street) including a playground, picnic tables, and a mini-soccer field. This home is located within the Heritage at Otay Ranch I Community, providing access to Heritage Park with a community clubhouse, pool, spa, BBQs, picnic tables, a pond, basketball courts, and playing fields. This is one of the few homes located adjacent to the park. Just a couple blocks to shopping, dining, great schools some with dual language immersion, and only minutes to I-15 and I-805! Don't miss out on this incredible opportunity!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017