3460 N Main Street
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 |
|---|---|---|---|
| Oct 16, 2026 | Price Decreased |
$1,095,000
↓ $55K
(4.8%) | |
| Price Decreased | |||
| Jul 31, 2026 | Price Decreased |
$1,150,000
↓ $99K
(7.9%) | |
| Price Decreased | |||
| Jun 30, 2026 | Listed by Coldwell Banker Realty | $1,249,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 13, 2026 | Price Decreased |
$1,249,000
↓ $100K
(7.4%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Coldwell Banker Realty | $1,349,000 | |
| Listed by Coldwell Banker Realty | |||
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Sunny half-acre double lot on the edge of Soquel Village with outstanding development potential. This unique property offers approximately 0.5 acres of private space with existing utilities and a flat, usable layout; perfect for bringing new projects to life in a prime location. Whether envisioning a custom home or considering future possibilities, the site combines convenience with versatility. Just steps from the charm, dining, and daily amenities of Soquel Village, it presents an exceptional opportunity to maximize the parcels value. Options include splitting the lot into two properties or pursuing a minor lot division and SB9 for the potential creation of a three-lot development.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017