This Residential Income Property is Off-Market.

156 Mar Vista Drive
Monterey, CA 93940 ·

1,100 SF · Residential Income For Sale

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Vista Del Mar

Price N/A Cap Rate 4.25%
Building Size 1,100 SF Gross Rent Multiplier 24
Property Type Residential Income No. Stories 2
Property Sub-type Single-Unit (SFR/Condo) Year Built 2008
Property Use Type Investment Parking Ratio 1.50 / 1,000 SF
Commission Split 3%
Listing ID: 15624999 Date Created: 03/20/2008 Last Updated: 03/21/2008

Description

Monterey's newest coastal lifestyle--Vista Del Mar. Conveniently located to all Peninsula Points. Models open daily from 11AM-5PM. Studios starting in the high $300Ks, One bedrooms in the mid $450Ks and Two Bedrooms in the $600Ks. Brand new re-construction, back yards & enourmous outdoor patios (300 - 750sq. ft.) & balconies, 2 car garage parking & storage & peninsula and bay views. Package pricing includes upgrades as standard features, interior features vaulted wood beam ceilings, complete stainless appliance package including washer & dryer. Investors getting $2,000 - $2,350 a month in rents. Low HOA dues, no more then $210 a month. Over 50% sold.

Located at 104 Mar Vista Drive, Monterey, CA. Cross Street, Soledad & Munras. Walking distance to Del Monte Shopping Center. Easy Hwy 1 access on & off. Minutes to all peninsula destinations.

Highlights

  • Bay & Peninsula Views
  • Brand New Re-Construction includes complete Appliance Package
  • Back Yards & 300 - 750 Sq. Ft. Balconies & Patios
  • Covered Enclosed Garage Parking & Extra Storage
  • Studio, One & Two Bedroom Townhomes & Condos Available
  • Low HOAs, $140 - $210 month. Location very desireable for renter pool

Research

156 Mar Vista Drive, Monterey, CA 93940 (Monterey County)

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