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944-946 Walnut St, Pacific Grove, CA 93950
$1,005,000
944-946 Walnut St, Pacific Grove, CA 93950View this property at 944-946 Walnut St, Pacific Grove, CA 93950
944-946 Walnut StPacific GroveCA93950
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Property Description
5.7% CAP RATE!!! - Highest Cap Rate currently available on the Monterey Peninsula by far! Others currently on the market in the area range from 2.3% - 4.0% CAP Rates. This property generates $74,000 in annual rental income. That breaks down to $6,190/mo in rental income. BOTH units have been rented. Unit 944 - 2BD/1BA $3,195/month. Unit 946 - 2BD/1BA $2,995/month - This charming remodeled Duplex features a Contemporary/Modern design with ocean views. Amenities include close proximity to 17 Mile Dr, Asilomar Beach, and Spanish Bay; Pacific Grove schools are some of the best in the state - a bonus for tenants with families. Take advantage of all Pacific Grove has to offer.
Full Property Details
Full Property Details for 944-946 Walnut St
General
- Sold For: $1,005,000
- Status: Closed
- Type: Single Family
- MLS ID: ML81697464
- Added to Site: 2, 225 day(s) ago
Interior
- Interior Features: Inverted Floor Plan
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathroom Features: Updated Bath
Bedrooms
- Total Bedrooms: 4
Other Rooms
- Family Room: Other
- Kitchen: Dishwasher, Garbage Disposal, Oven/Range, Refrigerator
- Laundry: Inside
Additional Information
- Extras: Not Applicable
- Security/Safety: Security Alarm
Parking
- Parking Features: Carport , Off-Street Parking
Location
- Area: Washington Park/Marino Pines
- County: Monterey
- Cross Streets: Sunset Drive
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer, Sewer Connected
- Water: Public
- Utility Description: Individual Electric Meters, Individual Gas Meters, Public Utilities
Structural Information
- Foundation: Concrete Perimeter
- Roof: Composition
- Square Feet: 1,624
- Year Built: 1959
Lot Features
- Lot Size (Acres): 0.1469
- Minimum Lot Size: 6400
- Lot Size (Sq. Ft.): 6,400
- Zoning: Duplex
- Fencing (Description): Wood
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Schools
Schools serving 944-946 Walnut St
School District:Pacific Grove Unified
Rating | Name | Grades | Distance |
---|---|---|---|
1065 Congress Ave, Pacific Grove, CA 93950 | K-5 | 0.3 mi | |
835 Forest Ave, Pacific Grove, CA 93950 | 6-8 | 0.6 mi | |
615 Sunset Dr, Pacific Grove, CA 93950 | 9-12 | 0.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 944-946 Walnut St
Date
Details
Price
Change
Source
8/16/2018
Sold
$1,005,000
-3.28%
MLS
8/08/2018
Price Reduced
$1,039,100
-0.01%
MLS
8/06/2018
Price Reduced
$1,039,200
-0.01%
MLS
8/03/2018
Price Reduced
$1,039,300
-0.01%
MLS
8/02/2018
Price Reduced
$1,039,400
-0.01%
MLS
8/01/2018
Price Reduced
$1,039,500
-0.01%
MLS
7/31/2018
Price Reduced
$1,039,600
-0.01%
MLS
7/30/2018
Price Reduced
$1,039,700
-0.01%
MLS
7/26/2018
Price Reduced
$1,039,800
-0.01%
MLS
7/25/2018
Price Reduced
$1,039,900
-0.01%
MLS
7/24/2018
Price Reduced
$1,040,000
-0.48%
MLS
7/09/2018
Price Reduced
$1,045,000
-0.37%
MLS
6/26/2018
Price Reduced
$1,048,888
-1.47%
MLS
5/18/2018
Price Reduced
$1,064,500
-0.05%
MLS
4/27/2018
Price Reduced
$1,065,000
-0.93%
MLS
4/12/2018
Price Reduced
$1,075,000
-1.83%
MLS
3/22/2018
Listed
$1,095,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
944-946 Walnut St, Pacific Grove, CA 93950 (MLS# ML81697464) is a Single Family property that was sold at $1,005,000 on August 16, 2018. This property was listed by Sean Poudrier from our Aptos Office.Want to learn more about 944-946 Walnut St? Do you have questions about finding other Single Family real estate for sale in Pacific Grove? You can browse all Pacific Grove real estate or contact a Coldwell Banker agent to request more information.