2465 Monterey Peninsula Drive
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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 |
|---|---|---|---|
| Mar 17, 2026 | Sold | ||
| Sold | |||
| Feb 21, 2026 | In contract | - | |
| In contract | |||
| Feb 6, 2026 | Listed by Surterre Properties Inc | $899,000 | |
| Listed by Surterre Properties Inc | |||
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Experience the height of sophisticated single-story living in this beautiful California bungalow, a meticulously curated four bedroom, two bath South Corona home situated just minutes from the Orange County border. Spanning approximately 2,034 square feet of refined living space, the residence greets you with grand double doors that open to a luminous interior featuring designer LVP flooring, custom window trim, and elegant Roman shades throughout.
The culinary heart of the home is a chef-inspired kitchen, perfectly appointed with crisp white Shaker cabinetry, quartz surfaces, and a newly integrated custom walk-in pantry. In a thoughtful redesign, the traditional family room has been transformed into a serene dining area—a glass-walled space that offers a picturesque backdrop for meals overlooking the wonderful backyard. Adjacent to this, the living room provides a warm ambiance anchored by a bespoke fireplace mantel.
The primary suite has been reimagined with a private entryway and a new, high-capacity custom closet system. Outside, the property transitions into a world-class outdoor oasis. An impressive six-car paver driveway and an elevated 200-square-foot front terrace provide commanding curb appeal framed by stately olive trees. The rear grounds are an entertainer’s dream, featuring a custom fire pit lounge beneath ambient solar lighting and an elevated artisanal vegetable garden with brick and pebble pathways.
Featuring effortless access to the 91 Freeway and 241 Toll Road, this turn-key gem provides a rare lifestyle of privacy and prestige with the benefit of no HOA, no Mello-Roos, and a low tax rate.
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| Mar 8, 2023 | No longer available | - | |
| No longer available | |||
| Feb 5, 2023 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017