706 ROMANO AVENUE
About This Property
layout. The inviting living spaces create a cozy atmosphere while still providing an open flow for everyday living and entertaining. The kitchen is the heart of the home, featuring wood cabinetry, solid surface countertops, a full height backsplash, and stainless steel appliances. Luxury vinyl plank flooring flows throughout the home, complemented by fresh neutral paint, updated lighting, and tastefully remodeled bathrooms with floor-to-ceiling tile showers that add a touch of luxury. Step outside to an oversized, fully fenced backyard that's perfect for entertaining, family gatherings, pets, or simply relaxing in your own private outdoor retreat. This backyard offers endless possibilities. Don't miss the opportunity to make this beautifully updated home yours!
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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 |
|---|---|---|---|
| Oct 20, 2026 | Sold | ||
| Sold | |||
| Sep 28, 2026 | In contract | - | |
| In contract | |||
| Sep 19, 2026 | Price Decreased |
$328,000
↓ $7K
(2.1%) | |
| Price Decreased | |||
| Jul 22, 2026 | Listed by OLYMPUS EXECUTIVE REALTY INC | $334,900 | |
| Listed by OLYMPUS EXECUTIVE REALTY INC | |||
| Jul 5, 2019 | No longer available | - | |
| No longer available | |||
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About Monterey
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017