9345 Monona Drive
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Apr 28, 2026 | Listed by Coldwell Banker West | $1,776,000 | |
| Listed by Coldwell Banker West | |||
| Oct 30, 2025 | Listed | $1,495,000 | |
| Listed | |||
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Remarkable designer home in the highly sought-after Grossmont Hills neighborhood! Situated on a landmark corner lot, this custom residence offers standout architecture, a circular driveway, and numerous unique design features that set it apart. The impressive grand entrance opens into a spacious, flowing floor plan just waiting for your finishing touches—unlock the opportunity to truly customize this home into the jewel of the neighborhood. The expansive, open-beam family room features a stunning stone fireplace, perfect for entertaining or relaxing in comfort. Oversized windows bring in abundant natural light and showcase views of the beautiful rock waterfall and pool area, creating a seamless indoor/outdoor living experience. The large primary suite includes its own private full bathroom for added convenience and privacy. Bonus Living Space: A detached 2-bedroom, 1-bath ADU (approx. 560 sq ft, permitted as a Cabana) offers ideal flexibility—use as a guest house, pool casita, game room, home office, or multi-generational living space. Note: ADU is not included in the main home’s square footage. Priced well below ARV! Whether you're an investor seeking strong upside potential or a homeowner ready to add your finishing touch and enjoy instant equity, this is a rare opportunity in a premier neighborhood. A must-see property with exceptional value.
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| Oct 24, 2025 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017