6502 Monterey PT #103
About This Property
The manager has listed the unit size as 1534 square feet.
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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 |
|---|---|---|---|
| Apr 17, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Feb 10, 2025 | Price Decreased |
$439,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Sep 7, 2024 | Price Decreased |
$449,000
↓ $20K
(4.3%) | |
| Price Decreased | |||
| May 30, 2024 | Listed | $469,000 | |
| Listed | |||
| | |||
|
Don't miss out on this remarkable first-floor condo in the sought-after gated community of Marbella Lakes. This exceptional two-bedroom plus den Capri floor plan boasts elegant tile floors, crown molding, LED lighting, and an extended kitchen with a rare formal dining room. The kitchen features an island with a breakfast bar, granite counters, stainless steel appliances, 42" wood cabinets, an eat-in kitchen area, and an oversized pantry. The Primary Bedroom Suite offers a spacious bathroom with granite counters, separate sinks, a large glass shower, and a walk-in closet. Additionally, this condo includes a newer AC (2022), a washer & dryer, and convenient accordion storm shutters. The community now benefits from a new traffic signal at the end of Marbella Lakes Blvd for easy access. Residents can indulge in an 8000 sq ft lifestyle center featuring an indoor sports complex, fitness center, billiards/gaming room, social hall, tennis, pickleball, resort-style pool and spa, an over-sized sundeck, basketball court, fitness center, social director, and more!
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/01/2025
|
3 Bed
|
2 Bath
|
2143 ft²
|
$500,000
3 Bed
2 Bath
2143 ft²
|
$474,500
-5.10%
02/26/2026
|
Tade Bua-Bell, LLC
John R Wood Properties
| |
|
09/12/2025
|
3 Bed
|
2 Bath
|
2288 ft²
|
$649,000
3 Bed
2 Bath
2288 ft²
|
$585,000
-9.86%
02/10/2026
|
Paul Gerber
MVP Realty Associates LLC
| |
|
12/12/2024
|
3 Bed
|
2 Bath
|
2143 ft²
|
$550,000
3 Bed
2 Bath
2143 ft²
|
-
-
|
Emily Bua
John R Wood Properties
| |
|
05/30/2024
|
2 Bed
|
2 Bath
|
1534 ft²
|
$469,000
2 Bed
2 Bath
1534 ft²
|
$413,000
-11.94%
04/17/2025
|
Dino Lauricella
Sun Realty
| |
|
03/30/2023
|
3 Bed
|
2.5 Bath
|
2288 ft²
|
$549,500
3 Bed
2.5 Bath
2288 ft²
|
-
-
|
Moe Mossa
Savvy Avenue LLC
| |
|
03/15/2019
|
2 Bed
|
2 Bath
|
1534 ft²
|
$257,000
2 Bed
2 Bath
1534 ft²
|
$230,000
-10.51%
05/21/2019
|
Lesley A Garlock
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017