53
Map
274 Monterey 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 |
|---|---|---|---|
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Sold | ||
| Sold | |||
| Jan 1, 2026 | Listed by Serhant | $7,995,000 | |
| Listed by Serhant | |||
| Jul 2, 2025 | Listed | $8,350,000 | |
| Listed | |||
| | |||
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Highly sought after North End Bermuda style 3-BR, 3-BA home plus office situated on a 13,500 SqFt Lot. Lush tropical landscaping surrounding pool. Impact windows and doors, full house generator, 2-car air-conditioned garage. Versatile property with option to build new on this 13,500 SqFt Lot or simply maintain the North End Bermuda charm of the existing property. Monterey has lake trail and easy beach access nearby.The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice. All such information should be independently verified. All parties should perform their own due diligence to verify all information.
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| Oct 1, 2024 | Listed | $8,395,000 | |
| Listed | |||
| | |||
|
Highly sought after North End Bermuda style 3-BR, 3-BA home plus office situated on a 13,500 SqFt Lot. Lush tropical landscaping surrounding pool. Impact windows and doors, full house generator, 2-car air-conditioned garage. Versatile property with option to build new on this 13,500 SqFt Lot or simply maintain the North End Bermuda charm of the existing property. Monterey has lake trail and easy beach access nearby.The information published and provided including but not limited to prices, measurements, square footages, lot sizes, features, finishes, and calculations are subject to errors, omissions or changes without notice. All such information should be independently verified. All parties should perform their own due diligence to verify all information.
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Property Highlights
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About Palm Beach
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017