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10 CAPISTRANO DRIVE
About This Property
Additional improvements include two HVAC systems installed in 2025 and 2013, along with a 2019 water heater. With no HOA restrictions, private beach walkover access reserved for Capistrano by the Sea homeowners, and a golf cart friendly setting, this property offers the freedom, flexibility, and lifestyle today's buyers are searching for.
Located just moments from restaurants, marinas, waterfront dining, shopping, medical facilities, airports, cruise terminals, and endless local attractions, this is more than a home. It is a rare opportunity to own a piece of the Florida coast where every day feels like vacation. Coastal living. Ocean air. Deeded beach access. Endless possibilities.
Welcome to 10 Capistrano.
Select images may contain virtual staging or virtual enhancements for illustrative purposes only and are intended to help visualize the property's potential, furnishing concepts, landscaping, or future improvements. All information and measurements are intended to be accurate but cannot be guaranteed. Buyers should independently verify all information deemed important and conduct their own due diligence regarding measurements, features, zoning, rental restrictions, insurance, and intended use.
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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 |
|---|---|---|---|
| Sep 2, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Apr 1, 2026 | Price Decreased |
$899,000
↓ $96K
(9.7%) | |
| Price Decreased | |||
| Feb 16, 2026 | Price Decreased |
$995,000
↓ $200K
(16.7%) | |
| Price Decreased | |||
| Dec 30, 2025 | Listed by SIMPLY REAL ESTATE | $1,195,000 | |
| Listed by SIMPLY REAL ESTATE | |||
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About Capistrano by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017