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1201 Hoffman Avenue — Monterey — 3 Beds • 2 Baths • 1,250 Sq Ft | Belmont Brokerage | Belmont Brokerage

ActiveUnderContract

+35 more

$1,120,000

45 DOM

$896/sqft3 bd2 ba1,250 sqft

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1201 Hoffman Ave Monterey, CA 93940

4,792sqft lot

This light and airy 3-bedroom, 2-bathroom home is perfectly situated in Monterey, near Cypress Street Park. Featuring a reverse floorplan, the primary living spaces are elevated to capture natural light and a pleasant view of the ocean. The interior has been refreshed with new carpet and paint, making it move-in ready for the next owner. A convenient one-car garage provides secure parking and additional storage options. Enjoy the best of coastal living with easy walking to Pacific Grove and Monterey's Cannery Row. Don't miss this little gem!

MLS ML82036582

(831) 624-1566 (Office) 831-238-8029 (Cell) denise.miotke@gmail.com

Est. payment

$7,157/mo

Principal & interestTaxesInsurance

$5,663$1,167$327

Down %

Rate %

Years

Down payment: $224,000 · Total cost: $2,262,799

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$7,157/mo

Principal & interest: $5,663
Est. property tax: $1,167
Est. insurance: $327
Down payment: $224,000

Est. gross rent$4,667/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-2,490/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Feb 27, 2026	$1,120,000	—

Facts & Features

Transaction Data

Close DateMay 8, 2026

Structure & Property

Year Built1980

Garage Spaces1

(831) 624-1566 (Office) 831-238-8029 (Cell) denise.miotke@gmail.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1201 Hoffman Avenue, Monterey, CA 93940

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1201 Hoffman Ave Monterey, CA 93940

About this home

Denise Miotke

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Denise Miotke

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.

1201 Hoffman Avenue, Monterey, CA 93940

About This Property

Property Photos

1201 Hoffman Ave Monterey, CA 93940

About this home

Denise Miotke

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Denise Miotke

Sale & Tax History

No Recent Sales History

Location

Location

Open Houses

Listing Agent

Presented by Belmont Brokerage Inc.