6117.5 Monterey Road
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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 |
|---|---|---|---|
| Feb 19, 2020 | Sold | ||
| Sold | |||
| Dec 3, 2019 | Listed by Compass | $1,095,000 | |
| Listed by Compass | |||
| Nov 8, 2019 | Listed by Compass | $1,049,000 | |
| Listed by Compass | |||
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Monterey Vista Homes is a collection of 8 single family residences, offering exciting and sleek interior design you would expect in a luxury custom home, moments from the best of Highland Park! The large, 2100+sf residences boast designer selected engineered oak flooring, lighting fixtures, and ceramic tile. Beautiful custom kitchens feature Bosch appliances, black quartz countertops, wet bar, and wine fridges. Master suites with dual sink vanities, oversized tiled showers, walk-in closets, and private balconies. The fourth level flex space with full bathroom and walk-in closet can function as a second master, creative space, or entertaining area for guests, opening to roof top terraces with hillside views. Nestled at the base of the Monterey Hills and moments from Cookbook, Caf Birdie, Triple Beam, Highland Park Wine, and so much more along Figueroa. Each home additionally is equipped with dual zone HVAC with Nest thermostats, Ring doorbell, and private direct entry garages.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017