206 Monte Vista Drive
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 |
|---|---|---|---|
| Jul 7, 2023 | No longer available | - | |
| No longer available | |||
| Jun 22, 2023 | In contract | - | |
| In contract | |||
| Jun 17, 2023 | Listed by eXp Realty of California, Inc. | $1,295,000 | |
| Listed by eXp Realty of California, Inc. | |||
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My parents told me to never turn my back on the ocean, and always explore every great deal in real estate. Get ready to be swept off your feet by this stunning, single-level home adorned with captivating renovations! Just above the flourishing Aptos Village, this haven is tailor-made for families seeking comfort and style while being a stone's throw away from a top-notch elementary school. And for retirees, the convenience and tranquility of this location will be an absolute dream. Can you picture yourself just a hop, skip, and sandy jump away from the sun-kissed shores of Rio Del Mar Beach, or lacing up your running shoes, grabbing your bike, and embarking on a scenic adventure through Nisene Marks (redwood) Forest? Sitting above the fog line, you'll revel in the coastal vibes while basking in an enviable microclimate that seems to perpetually embrace the essence of summer. Watch out - if you turn your back for too long someone else will be enjoying riding this wave! The manager has listed the unit size as 1212 square feet.
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| Apr 24, 2018 | Sold | ||
| Sold | |||
| Mar 17, 2018 | Listed by Eugene Raffanti, Broker | $849,995 | |
| Listed by Eugene Raffanti, Broker | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017