222 Manfre 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 |
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| May 21, 2025 | Listed | $1,395,000 | |
| Listed | |||
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This is your chance to own a piece of paradise in the foothills of Larkin Valley. Spanning almost 2 acres, this beautiful piece of land offers space and privacy, lush with an array of fruit trees ranging from a variety of apples, asian pears and plums to avocados, persimmon, pomelos, loquats and Meyer lemons. The main house features 3 beds and 2.5 baths with a deck and hot tub to soak in the warm summer evenings. A detached studio overlooking the orchard sits adjacent, with outdoor dining under the grapevines and bocce court ready for some games while drinking local wine. To top it off, this property is a birding mecca, situated on the Pacific Flyway where more than 40 species of birds have been known to migrate through. With space, privacy, abundant wildlife and the opportunity for rental income, 222 Manfre offers everything you could need and more.
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| Jun 15, 2019 | Sold | ||
| Sold | |||
| Feb 4, 2019 | Listed by Christie's International Real Estate Sereno | $725,000 | |
| Listed by Christie's International Real Estate Sereno | |||
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This may very well be the property you have been waiting for in Watsonville! Your potential new home sits atop two gently sloped acres with established fruit bearing trees including apple, asian pear, fig, and avocado that line the hillside. Manfre Rd lies between Larkin Valley and the City of Watsonville and this home features 1912 square feet of living space with 3 comfortable bedrooms, 2.5 bathrooms, a 2 car garage, and lots of extra yard space to stretch out! The floor plan is split level with the upstairs consisting of all 3 bedrooms and 2 full bathrooms. The downstairs has great flow from kitchen to living room and is the the main access point to the decks and backyard. Nature is everywhere the eye can see from the decks and yard and the property's new owner will have many ideas as to how to make it their own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017