36654 Highway 1
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 |
|---|---|---|---|
| Nov 3, 2026 | In contract | - | |
| In contract | |||
| Oct 7, 2026 | Price Decreased |
$11,500,000
↓ $2M
(14.5%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by Coldwell Banker Realty | $13,450,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 25, 2024 | Listed | $15,200,000 | |
| Listed | |||
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Located just a short distance from Carmel and Pebble Beach, Le Cap du Roc is a secluded haven offering sweeping oceanfront views and breathtaking vistas on its 2.8 acres in the prestigious gated Sea Meadow Community at Rocky Point. This 3,416 sqft home has been meticulously reimagined from the ground up by Holdren Lietzke with an effortless flow through the single-story layout, featuring floor-to-ceiling windows framing the stunning coastal scenes from almost every room in this 3 bed/3 bath residence. Past the spacious front driveway, you are welcomed into a sheltered courtyard with a gorgeously detailed outdoor fireplace and seating area, which is one of many outstanding spaces for indoor-outdoor gatherings and dinner parties. Other highlights include a hot tub and an expansive terrace with multiple seating areas, a gourmet kitchen opening into the living room and dining room with fireplace, luxurious spa-like suites, an office, and beautifully landscaped grounds with meandering pathways to explore, including a stone staircase with access to a rugged cove and the sea, where legend has it the notorious pirate LeRoc Corsaire hid his treasure in a secret cave in the 1700s. This is a rare opportunity for private oceanfront living just minutes from Carmel, Pebble Beach, and Big Sur.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017