278 Monroe Drive #17
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Dec 10, 2025 | Sold | ||
| Sold | |||
| Dec 3, 2025 | In contract | - | |
| In contract | |||
| Nov 24, 2025 | Price Decreased |
$699,000
↓ $51K
(6.8%) | |
| Price Decreased | |||
| Nov 10, 2025 | Price Decreased |
$749,900
↓ $39K
(5%) | |
| Price Decreased | |||
| Oct 29, 2025 | Listed by Intero Real Estate Services | $789,000 | |
| Listed by Intero Real Estate Services | |||
| | |||
|
Lovely townhouse-style condo with private yard and top Los Altos schools! Prime location on the Palo Alto/Los Altos border in a walkable neighborhood near parks, shopping. Bright 2-bed, 1-bath home, wood floors throughout, vaulted wood-beamed ceilings, and updated kitchen with stainless steel appliances and tiled countertops. Primary bedroom offers two closets, ceiling fan with remote, and LED lighting. Private yard with new Trex decking, carport with storage, community pool, and on-site laundry. Minutes to San Antonio Center, Caltrain, shops, and dining.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/05/2025
|
2 Bed
|
1 Bath
|
939 ft²
|
$725,000
2 Bed
1 Bath
939 ft²
|
$751,000
+3.59%
01/21/2026
|
Rachel DiNapoli
Christie's International Real Estate Sereno
| |
|
10/29/2025
|
2 Bed
|
1 Bath
|
939 ft²
|
$789,000
2 Bed
1 Bath
939 ft²
|
$625,000
-20.79%
12/10/2025
|
A. Elmengard
Intero Real Estate Services
| |
|
09/18/2025
|
2 Bed
|
1 Bath
|
899 ft²
|
$849,000
2 Bed
1 Bath
899 ft²
|
$810,000
-4.59%
10/24/2025
|
Drew Doran
Coldwell Banker Realty
| |
|
10/31/2024
|
2 Bed
|
1 Bath
|
939 ft²
|
$788,000
2 Bed
1 Bath
939 ft²
|
$770,000
-2.28%
01/17/2025
|
Shelli Baker
Coldwell Banker Realty
| |
|
05/18/2024
|
2 Bed
|
1 Bath
|
900 ft²
|
$789,500
2 Bed
1 Bath
900 ft²
|
$789,500
07/03/2024
|
Kathleen Wilson
BHG RE RELIANCE PARTNERS
| |
|
01/21/2022
| |
2 Bed
|
1 Bath
|
939 ft²
|
$799,000
2 Bed
1 Bath
939 ft²
|
-
-
|
Royce H. Cablayan
Sereno
|
|
08/18/2021
|
2 Bed
|
1 Bath
|
899 ft²
|
$853,211
2 Bed
1 Bath
899 ft²
|
$853,211
12/10/2021
|
A. Elmengard
Intero Real Estate Services
| |
|
02/11/2021
| |
2 Bed
|
1 Bath
|
899 ft²
|
$749,000
2 Bed
1 Bath
899 ft²
|
-
-
|
-
|
|
11/02/2020
|
2 Bed
|
1 Bath
|
899 ft²
|
$799,000
2 Bed
1 Bath
899 ft²
|
$825,000
+3.25%
12/15/2020
|
Vivian Lee
Desert Pacifica Real Estate Co
| |
|
02/22/2019
| |
2 Bed
|
1 Bath
|
939 ft²
|
$875,000
2 Bed
1 Bath
939 ft²
|
-
-
|
-
|
|
02/09/2019
|
2 Bed
|
1 Bath
|
939 ft²
|
$875,000
2 Bed
1 Bath
939 ft²
|
$930,000
+6.29%
04/03/2019
|
Paul Younan
Claremont Properties
| |
|
03/08/2018
|
2 Bed
|
1 Bath
|
939 ft²
|
$849,000
2 Bed
1 Bath
939 ft²
|
$1,100,000
+29.56%
04/03/2018
|
Colleen Rose
Christie's International Real Estate Sereno
| |
|
01/11/2018
|
2 Bed
|
1 Bath
|
939 ft²
|
$798,000
2 Bed
1 Bath
939 ft²
|
$1,032,000
+29.32%
02/11/2018
|
David Troyer
Intero Real Estate Services
| |
|
06/09/2017
|
2 Bed
|
1 Bath
|
939 ft²
|
$899,000
2 Bed
1 Bath
939 ft²
|
$845,000
-6.01%
08/21/2017
|
Kimberly Leal
Keller Williams Realty-Silicon Valley
| |
|
03/10/2015
|
2 Bed
|
1 Bath
|
939 ft²
|
$655,000
2 Bed
1 Bath
939 ft²
|
$655,000
03/10/2015
|
Erinna Tsai
Maxreal
| |
|
09/17/2014
|
2 Bed
|
1 Bath
|
899 ft²
|
$559,900
2 Bed
1 Bath
899 ft²
|
$598,000
+6.80%
10/31/2014
|
Ulrike Bisono
Omni Square Real Estate
| |
|
09/12/2013
|
2 Bed
|
1 Bath
|
899 ft²
|
$499,500
2 Bed
1 Bath
899 ft²
|
$560,000
+12.11%
10/22/2013
|
Kate Finnigan
Intero Real Estate Services
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017