37
Map
950 Portola Drive
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 |
|---|---|---|---|
| Feb 21, 2025 | Listed | $1,080,000 | |
| Listed | |||
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Experience the charm and beauty of Del Rey Oaks from your very own home! Imagine waking up to the gentle glow of the sunrise from the comfort of your own home at 950 Portola Drive in Del Rey Oaks. This inviting 3-bedroom, 2-bathroom residence offers a perfect blend of relaxation and adventure in one of the most picturesque coastal regions. Start your day with a steaming cup of coffee on the porch, taking in the serene views that greet you each morning. The tranquility of Del Rey Oaks provides a peaceful escape from the hustle and bustle of daily life, yet it's just a short drive away from the vibrant attractions of Monterey. Spend your days exploring the nearby city of Monterey, where you can enjoy delicious meals and unique shopping experiences at Old Fisherman's Wharf. For outdoor enthusiasts, the coastal trails near Big Sur offer breathtaking hikes and a chance to immerse yourself in the stunning natural beauty of the area. This home is more than just a place to live; its a sanctuary where you can create lasting memories. Whether you're seeking adventure or a quiet retreat, 950 Portola Drive offers the perfect setting for your next chapter. Don't miss out on this wonderful opportunity to own a home in beautiful Del Rey Oaks!
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| Apr 18, 2024 | Sold | ||
| Sold | |||
| Mar 28, 2024 | Listed by Sotheby's International Realty | $998,000 | |
| Listed by Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017