757 Middlefield 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 |
|---|---|---|---|
| Oct 5, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Listed by Town'N Country Realty | $1,099,998 | |
| Listed by Town'N Country Realty | |||
| Sep 12, 2025 | Listed | $1,325,000 | |
| Listed | |||
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Welcome to this MULTI UNIT spacious 7-bedroom, 3-1/2 bathroom (Front house is 3 Bedroom 2 full bathrooms/Back house is a 2 Story 4 Bedroom with 2 bedrooms and a full bath downstairs and 2 bedrooms and 1/2 bath upstairs) homes in the Gabilan Acres Area on the outskirts of Salinas. With a combination living area of 2,531 square feet (estimated) combined in both homes, this property offers ample space for multi families or perfect to live in one and rent the other. The kitchens are equipped with a gas cooktops, tile countertops, and an electric oven. Enjoy casual dining in the family room, which features a breakfast bar (back house) and no formal dining area for a relaxed atmosphere. The flooring is a mix of carpet, hardwood, laminate, tile, and vinyl/linoleum, providing diverse options throughout the home. Cozy up by the wood stove in the family room (front house), ensuring warmth during cooler months. The laundry facilities are conveniently located inside, as well as options in the garage or utility room. Situated within the Santa Rita Union Elementary School District, this home also boasts four garage spaces, shed, and workshop, offering plenty of storage and outdoor enjoyment options. Ceiling fans provide cooling, contributing to a comfortable living environment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017