3085 Monroe St.
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%.
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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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Jul 26, 2025 | Price Decreased |
$2,399,000
↓ $200K
(7.7%) | |
| Price Decreased | |||
| Jul 2, 2025 | Listed by Compass | $2,599,000 | |
| Listed by Compass | |||
| | |||
|
Discover this beautifully remodeled coastal home with an ADU just 1.3 miles from the beach and moments from the heart of Carlsbad Village. With easy access to world-class dining, local boutiques, scenic walking areas, and just two minutes from Carlsbad High School, this location offers the best of coastal living and everyday convenience. The main residence offers 4 spacious bedrooms and 4 full bathrooms, including 2 luxurious primary suites—1 on the entry level and another upstairs—making it ideal for multigenerational living or hosting guests. 2 additional upstairs bedrooms share a full bath, while a 4th full bathroom serves the main living area downstairs. The bathrooms have all been stylishly renovated with modern finishes, including a spa-like ensuite in the upstairs primary suite. Renovated in 2025, the home features new luxury vinyl plank flooring throughout, a modern kitchen with quartz countertops, Whirlpool stainless steel appliances, LG dishwasher, beverage refrigerator, and an extended bar area perfect for entertaining. Additional upgrades include fully renovated bathrooms and custom interior paint. An attached ADU with its own private entrance and yard provides a flexible living space with a living/dining area, kitchenette, and full bath—ideal for extended family, grown children, or rental income potential. Enjoy the lush backyard with fresh landscaping, new grassy areas, fruit trees (apple, peach, lemon), and a peaceful outdoor seating area. A large side yard offers space for recreation or RV parking. Additional amenities include an upstairs laundry closet with stacked washer/dryer, a 2-car garage with epoxy flooring, and central A/C. A rare opportunity to own a versatile and stylish home in one of Carlsbad Village’s most desirable locations.
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| Apr 6, 2021 | No longer available | - | |
| No longer available | |||
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About Carlsbad
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017