42
Map
7607 MONTERREY Drive
About This Property
Welcome to your next smart investment or dream home! Priced at just $205,000, this beautifully remodeled property offers incredible value, flexibility, and comfort. The main home features 3 spacious bedrooms and 2 full bathrooms, including a generously sized primary suite with a walk-in closet that provides both functionality and style.
But the real showstopper? A fully equipped detached studio in the back - complete with its own heating and cooling system, full restroom, and kitchen. Whether you're looking to generate rental income, create the ultimate man cave, or provide a comfortable in-law suite, this versatile space is ready to meet your needs.
Don't miss out on this unique opportunity to own a move-in-ready home with endless possibilities - all at an unbeatable price. Schedule your tour today before it's gone!
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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 |
|---|---|---|---|
| Aug 22, 2025 | Sold | ||
| Sold | |||
| Jul 25, 2025 | In contract | - | |
| In contract | |||
| Jul 17, 2025 | Listed by 24th&Home LLC | $205,000 | |
| Listed by 24th&Home LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017