5335 Monterey
About This Property
Thoughtfully designed to embrace the surrounding landscape, the property also includes a detached guest house, providing comfortable accommodations for visitors, extended family, or potential income opportunities. A spacious workshop adds valuable versatility for projects, storage, or hobby space.
With paved road frontage and owned solar, this property combines rural charm with modern efficiency. Enjoy the peace and beauty of wine country living while remaining just a short drive from Paso Robles' renowned wineries, restaurants, and vibrant downtown.
A rare opportunity to experience space, comfort, and the Paso Robles lifestyle in one remarkable property.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 24, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Listed by RE/MAX Parkside Real Estate | $999,000 | |
| Listed by RE/MAX Parkside Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017