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2120 Messina Place
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 |
|---|---|---|---|
| Jun 22, 2026 | Sold | ||
| Sold | |||
| May 26, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Listed by Compass | $1,259,000 | |
| Listed by Compass | |||
| Nov 10, 2025 | Listed | $1,259,000 | |
| Listed | |||
| | |||
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Welcome to 2120 Messina Place, a must-see home in Montereys desirable sunbelt community of Fishermans Flats. Located on a quiet cul-de-sac, this move-in ready property offers comfort, privacy, and functionality in one of Montereys most sought-after neighborhoods. This charming home features 3 bedrooms, 2 bathrooms, and 1,351 sq. ft., set on an almost quarter-acre lot. Large double-pane picture windows in the living and dining areas overlook the expansive backyard, creating seamless indoor/outdoor living ideal for gatherings and relaxation. Hardwood floors, plantation shutters, and a dual-sided wood-burning fireplace add warmth and character throughout. The updated kitchen includes NEW appliances, refreshed cabinetry, and a built-in workstation, with sliding doors to the all-level, low-maintenance backyard perfect for outdoor dining and weekend entertaining. A standout feature is the workshop, offering 134 sq. ft. of BONUS space connected to the 2-car garageideal for an office, studio, gym, or hobby room. The property also includes enough water credits to build an ADU, a rare and valuable opportunity in Monterey County. With its sunny setting, generous lot, and peaceful location, this home truly embodies coastal living at its best and offers exceptional long-term potential.
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| Oct 28, 2024 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017