1488 Bonifacio Road
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 |
|---|---|---|---|
| Feb 6, 2026 | Sold | ||
| Sold | |||
| Jan 6, 2026 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Carmel Realty Company | $5,500,000 | |
| Listed by Carmel Realty Company | |||
| Mar 24, 2025 | Listed | $4,498,000 | |
| Listed | |||
| | |||
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This is a once-in-a-lifetime opportunity to build your dream estate on one of the most coveted streets in Pebble Beach, where dramatic views, serenity and luxury meet in perfect harmony. Situated on nearly 2 acres of prime land, this property offers an unparalleled canvas for creating a truly extraordinary home. The location is nothing short of magical, with sweeping ocean views that stretch across the breathtaking Stillwater Cove and a backdrop of Point Lobos Natural Reserve. This property is nestled in the highly sought-after Sun Belt and is within walking distance to the world-renowned Pebble Beach Golf Links, The Lodge & The Beach Club and nearby the village of Carmel-by-the Sea. This is your chance to design and build a custom home in a world-class setting, where every day feels like a retreat. Whether you're envisioning an elegant estate with sweeping terraces to soak in the views or a modern masterpiece that integrates seamlessly into the natural surroundings, this property offers the perfect foundation for your vision. The tranquil, scenic view property is an ideal building site for those who want the very best. Don't miss out on the opportunity to create a legacy estate in one of the most prestigious and picturesque areas of the world. This is Pebble Beach at its finest.
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| May 25, 2021 | No longer available | - | |
| No longer available | |||
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About Del Monte Forest
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Currently no similar homes aroundNearby Rentals
$7,500 /mo
- 2 Beds
- 1 Bath
- 1,435 ft²
$6,800 /mo
- 3 Beds
- 2 Baths
- 1,499 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017