46720 Pfeiffer Ridge Road
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 |
|---|---|---|---|
| May 11, 2021 | Sold | ||
| Sold | |||
| Aug 3, 2020 | Listed by Sotheby's International Realty | $1,777,000 | |
| Listed by Sotheby's International Realty | |||
| May 11, 2018 | Sold | ||
| Sold | |||
| Mar 29, 2016 | Listed by Sotheby's International Realty | $1,200,000 | |
| Listed by Sotheby's International Realty | |||
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Majestic Big Sur awaits on this private 20 acre property. Panoramic ocean & mountain views. An abundance of usable land offers multiple building envelopes. All utilities available on site, including a private mutual water company are in place to fast track permits for your vision of a new home or compound on this amazing parcel. There are meadows, Redwood forests, seasonal stream bed on the property. Located in one of the most sought after neighborhoods. The Pfeiffer Ridge community in the heart of Big Sur. Minutes to Pfeiffer Beach, carve out your own hiking trails & enjoy year around sunrise and sunsets over the Pacific Ocean. A unique area above the summer fog line. Existing infrastructure includes private access road, power, water, under ground stainless water storage tank . New trailer may be purchased to use during planning and construction of your dream retreat. Architectural plans by Mickey Muennig protege. Properties such as this one are rare! Original home destroyed by fire.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017