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3077 Monte Sereno
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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 |
|---|---|---|---|
| Oct 11, 2026 | Listed by Bennion Deville Homes | $3,795,000 | |
| Listed by Bennion Deville Homes | |||
| Apr 6, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Listed by Compass | $3,700,000 | |
| Listed by Compass | |||
| | |||
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Located within the prestigious gated community of Monte Sereno, this remarkable residence one of the original model homes offers an extraordinary blend of architectural presence, privacy, and timeless desert landscape design. Framed by tremendous mountain views, the property captures the essence of refined desert living. The thoughtfully designed floor plan features three bedrooms in the main residence, along with a dedicated office and separate den, providing flexible living and workspaces. A detached casita with ensuite bath offers ideal accommodations for guests, bringing the total to four bedrooms and creating exceptional separation of spaces.Set on a stunning parcel, the grounds were masterfully designed by Mojave Rock Ranch, seamlessly integrating the home into the surrounding desert environment. Mature desert plantings, sculptural rock work, and curated outdoor spaces create the rare feeling of a property that has belonged to the landscape for decades while offering all the amenities of a newer home. The home is perfectly suited for both everyday living and entertaining, with multiple indoor and outdoor gathering spaces designed to maximize privacy, comfort, and the dramatic desert setting. Additional highlights include a three-car garage and owned solar with two batteries, providing both convenience and energy efficiency. A rare offering in one of the desert's most desirable gated enclaves, this Monte Sereno residence delivers architectural clarity, breathtaking views, and a landscape experience that is truly unforgettable.
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| Mar 18, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017