3089 Monterey Drive
About This Property
Upstairs includes four generously sized bedrooms, including a primary suite with multiple closets and a huge walk-in closet. The upstairs full bathroom features a skylight, bringing in natural light. Additional attic space is accessible from the primary bedroom. Wood flooring lies beneath the upstairs carpeting.
Additional highlights include a 2-car garage, central air conditioning, oil heat, boiler system, Andersen windows, security and fire alarm systems, and a half basement for extra storage. The roof is approximately 5 years old. Enjoy partial water views from one of the bedrooms and living room.
This home combines comfort, space, and functionality in a desirable setting.
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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.
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 |
|---|---|---|---|
| Aug 20, 2026 | Sold | ||
| Sold | |||
| Jun 23, 2026 | In contract | - | |
| In contract | |||
| Jun 1, 2026 | Listed by BERKSHIRE HATHAWAY | $1,125,000 | |
| Listed by BERKSHIRE HATHAWAY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017