18485 Vierra Canyon Road
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 29, 2025 | Sold | ||
| Sold | |||
| Apr 9, 2025 | Listed | $650,000 | |
| Listed | |||
| | |||
|
Opportunity Awaits! Ideal Property for Buyers and Investors! This charming 2-bedroom, 1-bath country home sits on a spacious 1.6-acre lot, offering ample room for growth and development. The property includes floor plans (available upon request) that can easily convert it into a 3-bedroom, 2-bath home, expanding the living space to a generous 1,695 sq. ft. With a 5,000-gallon water storage tank already in place, this property is equipped for convenience and sustainability. The tranquil setting provides a blank canvas for the new owner to bring their vision to life, whether you're looking to make it your dream home or an investment with excellent potential. Ideally located with easy access to major commuting routes, you'll enjoy the best of both worlds a peaceful country lifestyle just minutes away from Monterey's stunning beaches, hiking trails, and vibrant shopping areas. Please note: Seller prefers an all-cash offer due to potential challenges with conventional financing. Dont miss out on this unique opportunity to create your perfect home or investment property!
| |||
| Apr 1, 2021 | No longer available | - | |
| No longer available | |||
| Mar 20, 2021 | Listed | $449,000 | |
| Listed | |||
| | |||
|
Opportunity awaits for Buyers/Investors! This 2 Bedroom, 1 Bath country property on 1.6 acres was partially damaged in a fire in 2020. Now this home is waiting for the right new owner to create their own vision of what this property could become! Possibility for a home office area. Property also features a 5,000 gallon water storage tank. Seller prefers all cash due to the possibility that financing may be difficult to obtain because of the fire damage. Great commute location in all directions. Close to Monterey's gorgeous beaches, hiking trails and shopping. The manager has listed the unit size as 960 square feet.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017