8170 Manjares
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 |
|---|---|---|---|
| Jul 28, 2026 | Listed by Carmel Realty Company | $1,000,000 | |
| Listed by Carmel Realty Company | |||
| Apr 8, 2021 | Listed by Sotheby's International Realty | $850,000 | |
| Listed by Sotheby's International Realty | |||
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This lovely 1.99 acre parcel is studded with mature oaks and offers a nice view of Monterey Bay and Steinbeck hills. A short driveway approach opens to a nice open meadow and a .82 acre building envelope. Monterra Ranch is a 1,700 acre private gated community of only 168 homesites and acres of open space and is located about 3 miles inland, mere minutes from world famous golf courses, shopping and dining, wine tasting, hiking and biking and the white sandy beaches of the Monterey Peninsula. With better weather than the coast, you will enjoy a national park-like setting and abundant natural beauty. Underground utilities are delivered to the lot line at the street including water from the Canada Woods Water Co., a private company serving the communities of Monterra and Tehama, exclusively. Purchase includes a social membership to the Tehama Golf Club.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017